Holo, a fintech platform transforming the home-buying experience in the UAE, has closed a $22 million Series A funding round, marking one of the largest in the GCC this year. The investment was led by Saudi Arabia’s Impact46, with participation from Mubadala Investment Company, Rua Growth Fund, anb seed, MoreThan Capital, Salica Oryx Fund, and Dubai Future District Fund.
Founded in 2020 by Michael Hunter and Arran Summerhill, Holo aims to simplify the home-buying process by connecting borrowers with a network of lenders. The platform offers financing calculators, conveyancing services, commercial mortgages, and Islamic home financing options, serving over 80,000 clients to date.
The newly acquired funds will support Holo’s expansion into Saudi Arabia, enhancing its product offerings and building local teams to cater to the Kingdom’s growing demand for tech-driven homeownership solutions.
Basmah AlSinaidi, Managing Partner at Impact46, praised Holo for bringing clarity to the home-buying process and reshaping how people purchase homes across the region. Ali Al Mheiri, Executive Director at Mubadala, expressed confidence in Holo’s vision and its potential to transform property ownership in the UAE and beyond.
With this strategic investment, Holo is poised to lead the digital transformation of homeownership in the Middle East, offering a seamless, transparent, and customer-centric approach to buying homes.
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