IFC Eyes Up to $7 Million Investment in Moroccan PropTech Startup Yakeey to Boost Digital Real Estate
Casablanca, Morocco – Moroccan property technology startup Yakeey has announced plans to raise up to $7 million in Series A funding from the International Finance Corporation (IFC). The investment, once finalized, will support Yakeey’s efforts to expand its digital real estate platform and enhance access to transparent property transactions in Morocco’s housing market.
Founded in 2022, Yakeey operates as a digital marketplace for real estate transactions, enabling users to buy, sell, or rent property through an online platform that combines technology with licensed human advisors. The startup aims to simplify the property transaction process by connecting buyers, sellers, brokers, and notaries within a single digital ecosystem.
According to reports from Moroccan business outlets such as LesEco and Business Beat 24, IFC’s proposed investment is part of Yakeey’s broader growth plan to digitalize the Moroccan real estate market and attract international investors to the country’s PropTech space. While IFC has yet to issue an official press release confirming the transaction, the reports indicate that the funding would form part of Yakeey’s Series A round.
Yakeey has previously partnered with the National Council of Notaries of Morocco (CNONM) to develop an AI-driven property valuation platform, designed to improve price transparency and data accuracy in the housing sector. This collaboration is part of the startup’s strategy to integrate verified data sources into property listings, creating a more reliable and efficient transaction environment.
Morocco’s real estate industry, while one of the largest in North Africa, faces challenges such as limited market transparency, slow administrative processes, and fragmented information systems. Yakeey’s model seeks to address these inefficiencies by digitizing the process and introducing end-to-end transaction tools, including advisory and financing options.
If completed, the IFC investment would represent one of the most significant institutional funding rounds in Morocco’s PropTech ecosystem, underscoring growing investor confidence in digital transformation within the real estate sector.
Yakeey plans to use the capital to scale its technology infrastructure, expand its user base, and strengthen partnerships across the property value chain. The company has stated its long-term vision to become a “trusted digital intermediary” between all stakeholders involved in real estate transactions in Morocco and, eventually, other African markets.
At the time of publication, IFC and Yakeey have not disclosed specific valuation details, funding terms, or transaction completion timelines.
