Isqan.com secures funding in seed round for expansion

“We aim to digitize the entire real estate industry in Egypt,” Co-Founder of Isqan.com Ali Ezzat commented

  

ArabFinance: Real estate listings platform Isqan.com raised a six-div in US dollar seed investment from property developer Mohamed Gaballah, CEO of EgyGab Holding, Enterprise published a press release on January 27th.

The financing will be used to boost the platform’s expansion plan, by adding more members to the team, besides investing in marketing and maintaining business growth. The real estate e-portal was founded four months ago.

“We aim to digitize the entire real estate industry in Egypt,” Co-Founder of Isqan.com Ali Ezzat commented.

More than 50 companies with property listings reaching over 10,000 have joined the platform since launching, the statement noted.

Last September, the startup reportedly secured a six-div investment in a pre-seed round from an undisclosed angel investor. Their goal back then was to expand the user base and enhance its product.

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