Huspy, the UAE headquartered proptech startup, has announced the acquisition of Home Matters, to create the country’s largest home financing platform. Founded in 2020, Huspy’s digital-first business has achieved ~30% month-on-month growth, to establish a market leading position. Prior to its acquisition, Home Matters was the second largest home mortgage broker in the UAE, having launched operations over 15 years ago. The combined entity will manage over US$ 1 billion in gross merchandise value annually and employ over 150 people, giving buyers a new way to finance their home.
“Today we are excited to announce the acquisition of Home Matters and advance our mission to make home financing seamless and more accessible than ever before. Home Matters’ decade-long experience will benefit Huspy, creating incredible opportunities and impact for us both. This acquisition further strengthens the leadership position of both entities, and with our partner network across the real estate and financial services industries, we remain the trusted choice for customers buying their dream home,” said Jad Antoun, co-founder and CEO of Huspy.
Home Matters’ years of experience, customer base and partner network will bolster Huspy’s growth trajectory. Leveraging advances in technology, Huspy’s customers will also benefit from tailored recommendations and market-leading interest rates. Home Matters’ long-standing relationships with financial institutions will also provide customers exclusive rates, terms and discounts.
Huspy and Home Matters will together provide customers with access to the largest network of home financiers and lenders in the UAE. The digital-first platform will evolve customer experiences and provide real-time advice to home buyers. Huspy’s platform will also equip partners with complete visibility of their customer pipeline, allowing them to manage their portfolio of cases efficiently.
Following this acquisition Huspy will continue to focus on customer and partner network growth and technology development, in addition to widening its geographic presence beyond the UAE and across Europe.
