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Bedaya Launches Egypt’s First Non-Bank Mortgage Finance App

The platform is designed to help property hunters find homes which they can mortgage through a more simplified process.

Bedaya Mortgage has launched its anticipated first-of-its-kind in Egypt mobile app and online platform to help house-hunters find properties which they can mortgage in a more simplified process.  

The platform offers non-bank affiliated mortgage solutions and services in the Egyptian real estate market. It is designed to help users calculate the estimated cost of their financing needs and identify the necessary documents required, as well as enable users to pay fees online. Additionally, the app hosts a catalogue showing available property for users to browse through.  

Founded in 2019, Bedaya is a joint venture between EFG Hermes, Talaat Moustafa Group, and GB Capital — an arm of automotive company GB Auto. The real estate financing company helps users find properties with financing repayment plans of up to 10 years.