Every StartupHub.today article filed under Value.
2B, a leading electronics retailer, is making it easier for customers to buy their favorite gadgets this summer! They've teamed up with ValU to offer super flexible installment plans, letting you pay for electronics over up to 24 months, with some options even having no down payment or interest. It's all about making shopping a breeze and boosting the customer experience.
Great news for Egyptian families! Fintech firm Valu just secured EGP 600 million from the European Bank for Reconstruction and Development (EBRD). This funding will help them offer easy financing for clean energy solutions and energy-saving home appliances, making sustainable living more accessible across Egypt.
Valu's impressive Q1 performance is driven by its strong market leadership and a vast network of over 9,500 merchant partners. The company is also making great strides in financial inclusion, bringing in 366,000 unbanked customers who contributed EGP 1.04 billion to total sales during the quarter.
Valu is gearing up to launch a new service for financing small and medium-sized enterprises (SMEs) in Egypt by 2026. This move is a big step for the company, as it expands its focus from just consumer financing to supporting businesses, aiming to fill a significant funding gap in the Egyptian market.
Fawry and Valu are joining forces to integrate Valu's installment payment services directly into the MyFawry app. This exciting partnership aims to boost digital payments and offer flexible financing solutions, making financial services more accessible across Egypt.
Egypt's Financial Regulatory Authority (FRA) is really pushing for digital transformation! They've just given licenses to six new companies, including Valu, to offer non-banking financial services using FinTech. This exciting move is all about making financial services more accessible and efficient across the Egyptian market, driving both digital growth and financial inclusion.
