Nawy: The Platform Reinventing Real Estate in MENA

When people talk about disruption in MENA, they often look to fintech, logistics, or mobility. But quietly—and relentlessly—Nawy has been reshaping one of the most foundational sectors of all: real estate.

Founded in Egypt in 2019, Nawy started as a listings platform. Today, it’s one of the most advanced full-stack proptech companies in the region, powering everything from mortgage financing to fractional ownership, property management, and brokerage enablement. The numbers tell one story—$1.4B+ in GMV, over 1 million monthly users, and 50x revenue growth in four years—but the real story is how Nawy is rearchitecting the real estate journey from the ground up.

Why We Backed Them

At Shorooq, we partner with founders who don’t just build startups—they build infrastructure. Real estate in MENA has long been fragmented, opaque, and slow to digitize. Nawy saw an opportunity to change that—and they didn’t stop at digitization. They built a new blueprint altogether.

Their ecosystem includes:

• Nawy Now – A licensed mortgage product with “Move Now, Pay Later” flexibility
• Nawy Shares – Egypt’s first fractional ownership product for off-plan developments
• Nawy Unlocked – Property finishing and monetization for idle or incomplete units
• Nawy Partners – A B2B platform used by over 3,000 brokerages for inventory access and commissions

Each vertical solves a real pain point. Together, they create a connected platform that puts power back in the hands of buyers, brokers, and developers.

Our Belief: Full Stack or Nothing

What made Nawy stand out to us wasn’t just the traction—it was the vision. Most proptechs stop at search. Nawy went further: financing, closing, managing, and monetizing properties. In doing so, they turned a traditionally static experience into a seamless digital funnel.

In a region where real estate often runs on WhatsApp threads and paper contracts, this isn’t just innovation. It’s transformation.

Built in Egypt. Scaling MENA.

With their recent $52M Series A round, led by Partech with participation from Shorooq and other leading global and regional investors, Nawy is now positioned to scale its infrastructure across MENA. From Cairo to Riyadh, from listings to liquidity, the goal is simple: make real estate as seamless and accessible as any modern digital experience.

This is the kind of company we’re proud to back:

• Led by ambitious, grounded founders
• Building category-defining infrastructure
• Growing fast, but growing with purpose
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Nawy isn’t just a proptech. It’s what real estate in the Middle East should have always looked like. And at Shorooq, we’re excited to be part of their journey.

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