Nawy Raises $75M in Equity and Debt for MENA Growth
According to its May 2025 announcement, Nawy’s $75 million funding package combines a $52 million Series A equity round led by Partech with $23 million in debt financing. The distinction matters: the equity backs the property platform’s expansion, while the debt supports its mortgage offering.
What the equity will fund
Partech’s announcement says the funding will help Nawy grow in Egypt, enter other Middle East and North Africa markets, develop its products and deepen its AI and data capabilities.
Nawy named Mostafa El-Beltagy as its co-founder and CEO in the announcement. Its products combine property search with services for buyers, brokers and owners.
Where the debt fits
In a subsequent June 2025 announcement, Nawy said it had closed $23 million in debt financing from ten Egyptian financial institutions to support Nawy Now. The company describes that product as a mortgage service for ready-to-move homes.
That financing serves a different purpose from the Series A. It gives the mortgage operation capacity to support property purchases; it should not be described as another $23 million of equity investment.
The expansion test
The funding gives Nawy more room to build beyond property listings. Whether it can carry that model into other markets will depend on the services behind the search: local inventory, financing arrangements and the people who help complete a purchase.
For more developments in the company’s home market, follow Digital Boom’s Egypt coverage.
Correction, 8 September 2026: This article now identifies the equity lead, separates equity from debt and links the company’s announcement. We removed quotations that could not be substantiated, including one containing a CEO-name placeholder, and unsupported user and expansion claims.
