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Huspy
Huspy bundles UAE and Spanish mortgage brokerage, property search, and closing into one platform, compressing mortgage timelines from 2 months to 2 weeks.
Huspy
Huspy launched in Dubai in 2019 when co-founder and CEO Jad Antoun moved to digitize a home-financing process he saw as opaque and slow. The company operates as a technology-enabled brokerage that connects home buyers to lenders and property sellers on one platform. Over 8,000 UAE buyers have transacted through the platform, which the company claims is now the leading mortgage provider in the country. Huspy spans mortgage brokerage, real-property listings, and post-purchase services including furniture, fit-out, maintenance, and property management. The platform covers off-plan, move-in-ready, and secondary-market inventory. Backed by a $37 million Series A led by Sequoia Capital India and a later $59 million Series B led by Balderton Capital, the firm expanded into Spain in 2023 with offices in Madrid and Valencia. It serves buyers and sellers across the UAE and Spain, with loan processing supported by partnerships with leading global and UAE banks. Huspy’s 50-plus-person tech team is based primarily in Dubai, and the firm’s workforce spans more than 40 nationalities. In 2023 it completed its $59 million Series B raise, adding Balderton and re-upping prior investors Fifth Wall and Founders Fund. The company lists additional service lines—such as property photography, video shoots, and portal placement for sellers—that supplement the core transaction engine. Investments from Sequoia Capital India and Founders Fund represent those firms’ first disclosed venture rounds in the Middle East. Huspy operates as a hybrid of fintech infrastructure and full-service brokerage rather than as a pure marketplace. Its embedded fast-pass feature with select banks collapses the standard 60-day mortgage timeline to roughly 14 days, making its economic model more like a vertically integrated lender than an agent marketplace. That structure creates a distinct regulatory and counterparty-risk footprint that allocators tracking proptech and embedded-finance models should test directly.
General information
Firm type
Asset Manager
Year founded
2019
AUM
Undisclosed
Location
Region
Middle East
Country
United Arab Emirates
City
Dubai
Corporate office
Dubai, UAE
Additional offices
Abu Dhabi, UAE · Madrid, Spain · Valencia, Spain
Principals
Jad Antoun
CEO & Co-founder
Sector focus
Frequently asked questions
Who runs investment decisions at Huspy?
CEO and co-founder Jad Antoun sets the firm’s strategic and capital-allocation direction. Antoun has not disclosed a separate CIO or investment committee for the treasury function. The leadership team includes a 50-plus-person tech unit in Dubai and a regional head of operations in Spain, but operational authority—rather than institutional investment authority—is what the firm publicly describes.
How does Huspy make money?
Huspy earns brokerage fees on mortgages it originates, placement fees from property listings and developer bookings, and transaction fees from ancillary services like photography, fit-out, and property management. The firm markets its ability to route borrowers to partner banks through an expedited ‘fast-pass’ pipeline, which suggests a volume- or spread-based commission structure.
Is Huspy a tech platform or a regulated financial institution?
Huspy operates as a licensed mortgage broker and property-services firm in the UAE and Spain. It is not a bank, does not hold a balance sheet, and does not underwrite loans—it connects borrowers to regulated lenders. The company’s proprietary software and pre-approval engine make the experience resemble a digital storefront, but the regulatory posture is that of a traditional brokerage.
Does Huspy participate in fund commitments or only direct deals?
Huspy does not disclose any fund-of-funds, LP, or direct-investing activity outside its operating business. The $96 million in venture funding it has raised is capital for the corporate entity, not an allocator pool it manages on behalf of outside investors.
How is Huspy related to its venture backers?
Sequoia Capital India, Founders Fund, Fifth Wall, and Balderton Capital are minority equity investors in Huspy. The Series A and Series B rounds represent standard venture-capital holdings; no special-purpose vehicles, co-investor clubs, or exclusive deal-flow relationships have been publicly disclosed.
Where does the underlying wealth come from?
Huspy is a venture-funded operating company, not a family office, and does not manage private wealth on behalf of a single family. Its capital comes from institutional venture investors, and no single family-origin pool of wealth has been publicly identified.
What is Huspy's known posture on operating internationally?
Huspy’s stated mission is to become the largest home-buying company in Europe and the Middle East. After establishing its market lead in the UAE, the firm opened offices in Madrid and Valencia in 2023. Early feedback suggests the Spanish entry mirrors the UAE playbook of bundling mortgage brokerage with property search.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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