Latest in Tag: valU Highlight
Latest in Tag: valU

valU partners with TMG to offer convenient payment solutions in Rehab, Madinaty’s malls
The collaboration will see valU offer customers and shoppers across both malls a myriad of special offers on a year-round basis exclusive to TMG’s retail network.

valU, Makadi Heights launch convenient instalment solutions for home maintenance, renovations, furnishing
Homeowners at Makadi Heights will be able to comfortably cover the costs associated with the maintenance and renovation of their homes through valU’s flexible and accessible payment plans.

valU acquires stake in social payment start-up Kiwe
Currently, EFG Hermes Finance, EFG EV Fintech, dfin Holding, and Marakez are among the firm’s existing shareholders.

ValU cooperates with Telecom Egypt to provide instalment services at WE branches
Under the agreement, TE will provide instalment services for the products it offers in its sales outlets throughout the republic for a period of up to 60 months without a down payment, which confirms TE’s keenness to achieve the highest level of customer satisfaction, meet their advanced needs, and facilitate their access to available products and goods.

valU, PayTabs Egypt partner with notchnco to create digitised and targeted shopping experiences
This is the first collaboration that enables an end-to-end WhatsApp shopping experience in Egypt

ValU prepares to launch its activities in Saudi Arabia before 2022-end
valU partners with Al Hokair and Marakez to start operation in Saudi Arabia

ValU acquires Paynas to expand financial offering, amplify lifestyle enabling solutions
The acquisition was made public in a signing ceremony attended by Minister of International Cooperation Rania Al-Mashat.

FRA approves issuance of securitisation bonds for EFG-Hermes, ValU
It also approved EFG-Hermes’ second securitisation programme — which is worth EGP 2bn — for consumer finance portfolios referred by ValU Consumer Finance.

Walid Hassouna becomes solely dedicated to valU in Egypt
Recently, the company succeeded in attracting interest from renowned global corporations such as Amazon and the Alhokair Family. Believing in the growth prospects within the BNPL market and the need for a dedicated leadership to expand valU’s operations further, the management change also prepares valU for potential public or private equity offerings in the medium term.

Amazon Egypt provides up to 60-month instalment plans through valU
Amazon Egypt introduces instalment plans through valU, the leading Buy-Now, Pay-Later (BNPL) platform in MENA.

valU partners with Arab Developers Holding to provide customers with maintenance installment plans
Installment plans cover a maximum value of EGP 2.4m per person

Saudi Alhokair Family acquires 4.99% stake in Cairo-based valU
Currently subject to relevant regulatory approvals and satisfaction of certain conditions precedent, the transaction marks Alhokair Family’s first investment in a BNPL platform in Egypt, underscoring valU’s strength in the market and marking a key steppingstone for the platform to create strategic regional partnerships.

FAS Labs, valU partner to offer digital consumer finance services in Saudi Arabia
Agreement will accelerate expansion of valU, provide digital consumer finance solutions in Saudi Arabia through FAS Finance

valU partners with AOI, Zero Tech to provide instalment solutions
valU aims to increase access to modern-day products made by both state-owned companies

Majid Al-Futtaim partners with valU to introduce its unique product ‘Sha2labaz’
Through Sha2labaz — a unique points redemption product introduced by valU in November 2021 — both non-valU and valU shoppers at Mall of Egypt and City Centre Almaza will receive cash reimbursements against any purchase they make.

EgyptAir enters tripartite partnership with ValU, Pay Tabs for e-payments
Under the agreement, ValU will provide buy now and pay later services to EgyptAir customers to book and pay domestic and international airline tickets and make payments through the Pay Tabs Egypt payment gateway.

ValU, Noon partner to provide instalment programme
Under the agreement, ValU will provide Noon customers with flexible payment plans for shopping on the Noon platform.

Al-Ahly Sporting Club signs exclusive partnership with valU
Al-Ahly Sporting Club (Al-Ahly SC) and valU — Egypt’s leading Buy-Now, Pay-Later (BNPL) lifestyle enabling fintech platform —announced on Wednesday 16 February that they signed a three-year exclusive agreement as strategic partners.

Al-Futtaim and valU launch “Super Hat-Trick” payment plan
sports enhanced collaboration comes after the successful partnership of valU with IKEA in the last two years which encouraged Al-Futtaim to expand coverage to other brands

valU postpones Uber programme instalment payments for three months
Uber drivers will only pay the interest rate for a 3-month period, upfront, as valU aims to shield them from COVID-19 income challenges

Payfort, valU partner to provide payment options for e-commerce stores
PayFort’s seamless integration with merchant sites allows customers to checkout with just two clicks. To date, this simple process has helped merchants in the region

ValU, Revolta launch electric car recharge cards finance service
We will start deploying new ValU outlets in all Revolta stations, says El Shabrawy

DarHub contracts with valU to finance real estate units finishing
Maximum fund for every unit EGP 2.5m, instalments over 5 years

Accept for Technology, Payments partners with valU for online instalments
The Accept for Technology and Payments announced a partnership agreement with valU, specialised in payment-on-instalment programmes, to avail the latter as an alternative payment method for online stores. The agreement offers online access to valU’s client base and selling proposition that allows consumers to pay on instalments over tenures between 3 and 24 months. “We …