Nawy now
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.
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:
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.”
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:
This approach allows for a more integrated experience, with fewer handoffs and clearer accountability all throughout the process.
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.
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