In June 2025, Nawy announced the successful closure of $23 million in debt financing from 10 of Egypt’s leading financial institutions. This funding will support the growth of Nawy Now, the company’s licensed mortgage product designed to make home financing more flexible and accessible.
Most importantly, with this funding, Nawy is on track to streamline the process of home purchasing in Egypt and the region.
About Nawy Now
Nawy Now is a mortgage solution that enables customers to purchase ready-to-move homes through flexible payment plans and streamlined approval processes. It is part of the company’s main strategy to simplify the homeownership process, offering a move now, pay later model.
This model helps buyers easily secure homes without the lengthy delays often associated with traditional mortgages.
Bear in mind that last year, Nawy Now obtained its mortgage license from Egypt’s Financial Regulatory Authority (FRA).
With this $23M financing, Nawy will be able to:
- Provide mortgage support for a larger number of properties.
- Expand its reach to more homebuyers seeking alternative payment options.
- Strengthen its overall operational capacity.
This funding round reflects the growing trust in Nawy’s integrated business model. According to Amr Malek, CFO of Nawy:
“Securing financing from Egypt’s top financial institutions demonstrates their belief in the direction we’re heading. It gives us the ability to continue supporting buyers while expanding the tools and services we provide.”
Also, Omar El Barouny, Managing Director of Nawy Now, added:
“Our mortgage solution is a core part of a larger real estate ecosystem. With this financing, we are in a better position to scale and provide a more accessible path to homeownership.”
Integrated Approach to Real Estate
Since it first opened its doors, Nawy has been keen to stand out from traditional platforms. That’s why the company offers a comprehensive real estate service that goes beyond property listings. The company’s integrated model covers the full cycle of buying and owning a home, which includes:
- Helping buyers search for and select homes via a cutting-edge platform.
- Managing legal and administrative processes, including due diligence and contract handling.
- Providing mortgage solutions through Nawy Now.
- Supporting long-term ownership through resale services and post-purchase assistance.
- Creating opportunities for rental income through Nawy Unlocked.
This approach allows for a more integrated experience, with fewer handoffs and clearer accountability all throughout the process.
Final Thoughts
As the market and housing needs evolve and more individuals seek flexible payment structures, we are focused on meeting this demand in a practical and sustainable way.
The newly secured funding will help the company grow its mortgage offering while maintaining its commitment to simplifying homeownership in Egypt.
This step aligns with Nawy’s long-term goal of providing clear, reliable, and well-supported real estate solutions. With continued support from financial institutions, the company is well-positioned to scale its operations and continue offering services that cater to the real needs of buyers.
