Contact Financial Holding partners online real estate platform Sakneen

EGYPT – Contact Financial Holding, a leading structured finance investment firm, has partnered with Sakneen, an online real estate platform, to enable clients to search for homes and finance them all through one platform. Sakneen’s search engine provides users with a wide inventory of high-quality listings with accurate prices and a seamless user experience. The platform is unique in offering new properties from over 110+ developers, as well as existing homes on the secondary market.  Also, users can access all the information they need to make the right investment decision…

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Tech startup Sakneen raises US$1m seed round led by Algebra Ventures

EGYPT – Sakneen, a Cairo-based property tech startup, has announced that it has raised US$1.1 million in a seed round led by Algebra Ventures with a major participation from Sarwa Capital and Foundation Ventures. The round also included US-based real estate private equity firm Hem + Spire, Saudi-based investment firm Nakhla VC, and angels from Google, BlackRock, and McKinsey. Founded in late 2019 by Ramy Khorshed and Hussein El Kheshen, Sakneen makes buying and selling homes easier through its property portal. The users looking to buy a home can use…

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