Holo, a pioneering mortgage platform in the United Arab Emirates, has announced the successful completion of an oversubscribed pre-Series A financing round.
The investment endeavor was spearheaded by the Dubai Future District Fund (DFDF), UK-based Oryx fund, and Aditum Investment Management. This financial boost is set to propel Holo’s expansion within the UAE and throughout the Gulf Cooperation Council (GCC), with a strategic focus on Saudi Arabia. The capital will also be allocated towards bolstering the company’s workforce and advancing product development.
Michael Hunter, CEO and co-founder of Holo, emphasized their steadfast commitment to fostering the ecosystem and crafting a formidable platform for property purchasers. “Our primary goal has always been to empower home buyers—a cornerstone principle we’ve continually embraced,” he remarked.
Hunter further elaborated on their approach to growth, “We take pride in our fiscal prudence and capacity for sustainable expansion. This fresh capital infusion equips us to scale rapidly while remaining aligned with our fundamental values.”
Arran Summerhill, the COO and co-founder, highlighted Holo’s tech-centric philosophy. “We’re intensifying our investment in our diverse platforms, which cater to customers directly, provide agent apps, and bolster internal operations. These innovations are designed for swift regional deployment,” Summerhill explained.
“Our growth strategy is concentrated on the MENA region, where we foresee our products significantly impacting the burgeoning real estate markets,” he added.
Ali Qaiser, Partner at Hambro Perks Oryx Fund, shared his enthusiasm for the ongoing collaboration with Holo. “We are eager to support Holo’s continued expansion into new territories and to refine their services for an even smoother user experience,” Qaiser stated.