UAE-based fintech Holo has raised $22 million in a Series A funding round led by Saudi Arabia’s Impact46, with participation from Mubadala Investment Company, Rua Growth Fund, anb seed, and MoreThan Capital. Returning investors Salica Oryx Fund and Dubai Future District Fund also joined the round, which the company describes as one of the largest Series A rounds in the GCC for 2025.Founded in 2020 by Michael Hunter and Arran Summerhill, Holo operates a digital mortgage platform that allows buyers to compare real-time mortgage and refinancing options from multiple banks, apply online, and track their progress with support from mortgage specialists. The platform also features Hub by Holo, which connects real estate agents with pre-approved buyers to streamline the property-buying process.The fresh capital will fuel Holo’s expansion into Saudi Arabia and across the broader GCC region, while also scaling its product and engineering teams to meet growing demand for digital homeownership services.Holo’s expansion comes at a time when both the UAE and Saudi Arabia are experiencing significant growth in their residential property markets. The UAE’s residential property market is projected to grow from <head>43 billion in 2025 to $217 billion by 2030, representing a compound annual growth rate (CAGR) of 8.66%. Meanwhile, Saudi Arabia’s residential property market is estimated at $203 billion in 2025 and expected to reach $310 billion by 2030, with a CAGR of 8.77%.“At Holo, we’ve always believed that buying a home shouldn’t be complicated,” said co-founders Michael Hunter and Arran Summerhill in a joint statement. “Our profitability in the UAE has given us the strength and confidence to invest ambitiously in high-growth markets like Saudi Arabia.”The company claims to have processed over 24,000 homeowners since its launch and has built an end-to-end digital mortgage experience. In 2024, Holo officially opened its first office in Riyadh and introduced AI-driven mortgage tools to enhance customer experience with personalized recommendations and faster approval processes.Basmah AlSinaidi, Managing Partner at Impact46, commented: “Holo is bringing much-needed clarity to a process that’s long been opaque. By streamlining access to lenders and giving users full control of their home financing journey, they’re reshaping how people buy homes across the region.”Ali Al Mheiri, Executive Director of UAE Diversified Assets at Mubadala’s UAE Investments Platform, highlighted the investment’s alignment with the UAE’s economic diversification goals: “Our investment in Holo reflects our confidence in the UAE’s strong and resilient real estate market and the growing role of fintech in shaping the future of property ownership across the region.”The funding round follows Holo’s pre-Series A raise last year, which was led by Dubai Future District Fund and Oryx Fund, along with Aditum Investment Management Limited, though the amount was undisclosed.AuthorRecent Posts Post Views: 3,373