Funding roundSecuritisation
Nawy Securitisation
Nawy raised $12.3M in a Securitisation led by Misr for Financial Investments (MFIC), with Synergy Capital participating. It was announced on 3 September 2026.
- Amount raised
- $12.3M
- EGP 633M in local currency
- Announced
- 1 month ago
- Investors
- 2
- 1 lead · 1 participating
Investors in Nawy's Securitisation2
Lead
- Misr for Financial Investments (MFIC)LeadProfile of Misr for Financial Investments (MFIC) →
Asset Manager · Egypt
Participating
- Synergy CapitalParticipatingProfile of Synergy Capital →
Financial Services Group · Cairo, Egypt
About this round
Second issuance (EGP 633M) of the closed-end, Shariah-compliant Ijarah-based fixed-income fund managed by Misr for Financial Investments (MFIC), the asset-management arm of Synergy Capital, backed by real-estate mortgage (lease-to-own) receivables originated by Nawy Now, Nawy's FRA-licensed mortgage-financing arm. Nawy Now originates mortgages, warehouses them on bank facilities, then sells batches of seasoned loans to the fund at net present value with no recourse to the fund, keeping a thin margin and freeing balance-sheet capacity (EnterpriseAM); certificate holders are protected by a reserve account and a default-insurance policy. Synergy Capital acted as financial advisor, promoter and placement lead; Mubasher handled subscriptions/redemptions, ALC legal, Catalyst Partners administrator, Crowe Hegazy audit. Takes the programme past EGP 1bn (first issuance EGP 443M, Oct 2025, cornerstone investors Al Baraka Bank, Allianz Life Egypt, Misr Insurance Holding, Garhy Group) against a five-year EGP 5bn target; second issuance drew returning institutions plus first-time NGO/non-profit subscribers; book 43% above the first issuance. Framing differs by outlet: Dealroom 'Nawy Now raises $12.3M'; TechCabal Insights '$12.3M debt facility'; Launch Base Africa 'expands debt program' (USD 12.7M); EnterpriseAM 'offloaded another EGP 633mn of mortgages to a fund'. Not equity in Nawy and not a loan to Nawy; USD 12.3M implies ~EGP 51.5/USD.
Sources for this round5
- zawya.comSynergy Capital and Nawy Now close EGP 633mln second issuance, taking programme past EGP1bln in under a year - joint press release via Zawya, 3 Sep 2026
- enterpriseam.comNawy Now offloaded another EGP 633 mn of mortgages to a fund, freeing up balance-sheet capacity - EnterpriseAM Debt Watch, 6 Sep 2026
- dealroom.coNawy Now raises $12.3M in second Ijarah fund issuance - Dealroom News, 3 Sep 2026
- launchbaseafrica.comEgyptian proptech Nawy expands debt program as institutional demand surges - Launch Base Africa, 7 Sep 2026 (USD 12.7M)
- intlbm.comSynergy Capital and Nawy Now raises EGP 1bn in a Year - International Business Magazine, 3 Sep 2026
Frequently asked about Nawy's Securitisation
- How much did Nawy raise in its Securitisation?
- $12.3M, announced on 3 September 2026.
- Who led Nawy's Securitisation?
- Misr for Financial Investments (MFIC) led the round.
- Who invested in Nawy's Securitisation?
- 2 investors are named for this round: Misr for Financial Investments (MFIC) (lead) and Synergy Capital.
