Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Fintech»Nawy Acquires Majority Stake in SmartCrowd to Expand into GCC PropTech Market
    Fintech

    Nawy Acquires Majority Stake in SmartCrowd to Expand into GCC PropTech Market

    FintechFetchBy FintechFetchJuly 11, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Africa’s largest proptech company Nawy has made its first move into the Gulf region by acquiring a majority stake in Dubai-based SmartCrowd, a regulated platform offering fractional real estate investment.

    The deal marks a geographic and strategic expansion for Nawy, which recently raised $52million in Series A funding, and signals growing regional consolidation in the digital real estate sector.

    SmartCrowd, founded in 2018, has facilitated over $110million in transactions and serves investors in more than 130 countries. It has successfully exited more than 50 properties as of June 2025 with one of its flagship offerings Flip – which acquires and renovates undervalued assets to resell within 15 months – yielding an average 30 per cent ROI as of June 2025.

    The UAE’s real estate investment sector is projected to reach $33billion by 2030, driven by tokenisation, fractional ownership,and increased cross-border participation, which Nawy says makes it a prime inflection point for a regional push.

    “SmartCrowd’s platform gives us a proven investment engine built on trust, performance and regulatory strength,” said Mostafa El-Beltagy, CEO of Nawy. “The perfect match for Nawy’s tech-first approach to real estate. Together, we’re unlocking a new era of seamless property investment across MENA: data-driven, accessible, and built for today’s digital investor.”

    Riz Ahmed, CEO of SmartCrowd, also added: “This is a transformative transaction for SmartCrowd, joining forces with Nawy to build the region’s premier proptech ecosystem. With strong alignment in vision and culture, this partnership accelerates our transition from startup to scale-up, making us the go-to platform for real estate investment in the Middle East.”

    Nawy’s platform spans several real estate services, including home financing, fractional ownership, asset enhancemen and a B2B brokerage network. The addition of SmartCrowd expands its reach into regulated property investment.

    According to the company, Nawy has attracted over one million monthly users and facilitated $3billion in gross merchandise value to date.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHere’s How Much Google Pays Software Engineers, Designers
    Next Article Solana Breaks Out Of Symmetrical Triangle—Next Stop $164?
    FintechFetch
    • Website

    Related Posts

    Fintech

    Travel Sector Merchants’ Treasury Efficiency Enhanced Through New Checkout.com and Visa Partnership

    August 2, 2025
    Fintech

    AI Adoption Grows in Israel’s Fintech Community

    August 2, 2025
    Fintech

    Top Neobanking Features Banks Must Offer in 2025: By Nikunj Gundaniya

    August 2, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Grab’s Motor Insurance Play Could Rewrite the Rules in Singapore

    June 12, 2025

    Reverse Factoring: A Powerful Tool

    May 25, 2025

    Is the HSBC share price an absolute steal at today’s levels?

    May 5, 2025

    Analyst Tips XRP to Explode as Some Investors Flock to BEST Token Presale

    March 6, 2025

    Is Mt Gox About to Dump On The US Crypto Reserve? $1Bn in BTC Moved Before White House Crypto Summit

    March 7, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Fed Chair LIES And Says “No” to Digital Dollar During His Tenure

    February 12, 2025

    3 stocks Fools bought over 10 years ago and still hold

    May 4, 2025

    Just how much lower can the JD Sports share price go?

    May 23, 2025
    Our Picks

    [LIVE] Massive Crypto Liquidations to Precede A Big Pump: Best Crypto To Buy Now

    August 2, 2025

    BONK at Critical Level After 28% Weekly Drop

    August 2, 2025

    How much do you need in a SIPP to target a £3,659 monthly passive income?

    August 2, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.