Connect with us

News

Dubai-Based Startup Huspy Helps Emiratis Buy Homes Online

Instead of having to wait months to secure a home mortgage, Huspy lets users search over 500 home loan options in seconds.

Published

on

dubai-based startup huspy helps emiratis buy homes online
Huspy

Buying a home is a stressful process. Not only is it becoming increasingly difficult to find reasonably priced properties that are also attractive to live in, but the mortgage process, which most buyers have to go through, is time-consuming and full of potential traps. While the first problem won’t most likely be solved any time soon, there’s one Dubai-based startup that’s actively trying to address the second issue, and its name is Huspy.

Essentially, Huspy is an online mortgage platform that facilitates hassle-free financing for people who would like to live in Dubai. It was founded in August 2020 by chief executive officer Jad Antoun and chief technology officer Khalid Al Ashmawy, who understand the local market through first-hand experience.

huspy application process

Huspy Application Process

“We started Huspy with the aim to disrupt one of the largest industries and bring the entire home loan process online. Customers are massively underserved where lack of visibility, poor customer experience, and overpayment are common problems. We want to solve for that,” said Antoun. “The team has built tools and systems to leverage technology in a highly operational business to give us the ability to provide customers with the best rates, faster mortgage close times and a great digital experience,” added Ashmawy.

Also Read: Sarwa Helps UAE Residents Easily Invest In Global Stocks

Instead of having to wait up to 10 weeks to secure a mortgage, Huspy lets its users search over 500 home loan options in seconds to find the one that fits them the best. That way, it’s possible to get a personalized home loan three times faster and secure the best price possible. Best of all, Huspy doesn’t charge its users broker fees at all. Instead, it makes money by charging the banks a commission for every loan.

Huspy is available on iOS as well as Android, and you can download it yourself right now to see what it has to offer. The startup is backed by leading tech investors, including VentureFriends, B&Y Ventures, and Plug and Play, so you know your mortgage will be in good hands.

Advertisement

📢 Get Exclusive Monthly Articles, Updates & Tech Tips Right In Your Inbox!

JOIN 17K+ SUBSCRIBERS

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

PowerSchool Launches Arab Version Of Its EdTech Platform

The cloud-based solution is now available to Middle Eastern users, helping schools with administrative, communication, and classroom workflows.

Published

on

powerschool launches arab version of its edtech platform

PowerSchool, a leading cloud-based education software provider, today announced the launch of newly translated and localized solutions for the UAE and wider Gulf Coast and Middle East region.

Native-Arabic speaking educators will now be able to accomplish critical administrative, communication and classroom workflows using newly-updated Arabic translations, as well as access a right-to-left oriented interface, Hijri calendar overlay, and more.

PowerSchool’s platform is able to log student records and create reports in their native language, while teachers can now create enhanced, personalized lessons for their students and digital forms for parents.

powerschool edtech arabic interface

Finally, PowerSchool’s multi-language AI-powered assistant is also in development, and the company plans to launch the tool in the Middle East in the near future.

“With the UAE and other GCC countries prioritizing digital transformation in education, we are pleased to announce the availability of our educational and operational products in Arabic,” revealed Stewart Monk, Senior Vice President & General Manager, International at PowerSchool. “This also aligns with our commitment to provide mission-critical support to education leaders to provide personalized learning for students globally”.

Also Read: Top Free AI Chatbots Available In The Middle East

Along with the launch of a new Dubai office in 2023, PowerSchool seems highly invested in localized Arabic products. The latest announcement from the company strongly signals its commitment to the Middle East and GCC, and comes after the publication of its 2024 Education Focus Report, which takes a deep dive into the region’s education trends and developments.

“PowerSchool’s commitment to providing Arabic localization across its products reflects an understanding of their diverse user base and their commitment to inclusivity,” explained Mohammed Essam, PowerSchool Lead at ESOL Education. “This investment can lead to closer collaboration with educational institutions in the Middle East, fostering innovation and progress in the education sector. Overall, this is a promising direction that could benefit both PowerSchool and the educational community in the region”.

Continue Reading

#Trending