Proptech, Huspy, acquires Just Mortgages and Finance Lab

  • Date: 23-Aug-2022
  • Source: SME10X
  • Sector:Technology
  • Country:UAE
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Proptech, Huspy, acquires Just Mortgages and Finance Lab

Huspy, a UAE proptech startup has two UAE 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 financing offers. All of this brings the company closer to its ultimate goal of improving the home buying ecosystem in the region.

Huspy’s home financing applicants have access to market leading mortgage rates, exclusive offers, and other benefits. With Huspy’s scale and volume of financing, customers and partners also have access to exclusive mortgage rates that are unavailable elsewhere on the market. Over 90 percent of Huspy’s mortgage customers secure financing approval, a new benchmark for the industry.