Huspy acquires UAE’s Just Mortgages and Finance Lab

Huspy acquires UAE’s Just Mortgages and Finance Lab

- Twin acquisition to give Huspy further reach and distribution in the UAE mortgage sector

- Earlier in 2022, Huspy acquired mortgage business Home Matters and completed $37 million Series A round

Dubai, UAE: Huspy, a UAE proptech startup aiming to redefine the home buying experience in the region, today announced the acquisition of two 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 - a move that put the company in a leading position in the mortgage sector in UAE. Uniting players within Huspy helps to enhance the processes of getting a mortgage with technology, as well as provide home buyers with market leading financing offers. All of this brings the company closer to its ultimate goal of improving the home buying ecosystem in the region.

Ankit Shah, Head of M&A, Mortgages UAE, Huspy said, “I am excited to welcome Just Mortgages and Finance Lab to the Huspy 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