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Huspy, UAE’s proptech startup, acquired mortgage brokerage firms Just Mortgages and Finance Lab

Huspy, UAE’s proptech startup, acquired mortgage brokerage firms Just Mortgages and Finance Lab

Huspy, a UAE-based proptech startup aiming to redefine the home buying experience in the region, acquired two UAE-based mortgage brokerages: Just Mortgages and Finance Lab.

The founders and employees of both businesses will join Huspy. The two deals follow Huspy’s acquisition of Home Matters in January this year.

“I am excited to welcome Just Mortgages and Finance Lab to our family. Within the last 18 months of our cooperation, they not only proved to be knowledgeable business partners, but also reliable people with a great mindset and cultural fit for Huspy’s values. The addition of these two businesses will create further benefits for home buyers in the UAE and build on the experience that Huspy is recognised for. We look forward to partnering with more like-minded market players in the future,” Ankit Shah, Head of M&A, Mortgages UAE, Huspy said.

Also read: UAE’s neobank Zywa raises $3m in a Seed round

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