Moroccan Proptech Startup Yakeey Secures Up to $7 Million in Series A Funding from IFC

Moroccan proptech startup Yakeey has announced plans to raise up to $7 million in a Series A funding round from the International Finance Corporation (IFC), the private sector investment arm of the World Bank Group. The funding will accelerate Yakeey’s product development and strengthen its position in Morocco’s rapidly evolving real estate market.

Founded in 2023 by Karim Beqqali, a veteran real estate professional and founder of Yamed Group, Yakeey operates as a digital marketplace designed to simplify property transactions. Marketed as a “one-stop shop” for buying, selling, and renting real estate, the platform aims to address one of the sector’s biggest challenges—a lack of trust among market participants.

“The major problem we identified was the patent lack of trust of actors towards each other,” Beqqali said, explaining that the concept for Yakeey emerged during the Covid-19 pandemic, when digital platforms began to prove their ability to streamline complex interactions.

Unlike traditional listings sites, Yakeey functions as a managed, end-to-end transactional ecosystem, connecting buyers, sellers, notaries, and banks in one transparent and secure environment. The platform’s goal is to make property transactions simpler, faster, and more reliable by integrating all critical stakeholders within a single digital framework.

With Morocco’s real estate market undergoing structural and technological shifts, Yakeey’s model positions it as a pioneer in proptech innovation. The upcoming IFC investment underscores global confidence in the startup’s vision and its potential to redefine property transactions in North Africa.