ValU
U Consumer Finance S.A.E. (“Valu”), the leading universal financial technology powerhouse in Egypt, announced today its intention to proceed with the trading of its shares on the Egyptian Exchange (the “EGX”), following the completion of an in-kind dividend distribution* by EFG Holding S.A.E. (“EFG Holding”) (the “Dividend Distribution”).
Dream Space’ is a remarkable collaboration between three industry leaders, Valu, The Mob Collective, and Le Marché, aimed at empowering discerning customers to curate their interiors with turnkey furnishing solutions effortlessly.
Ulter Revolutionizes Access to Substantial Purchases, Aligning with Valu's Strategy for Enhanced Customer Value and Convenience.
Valu, MENA’s leading universal financial technology powerhouse, is bringing Ulter, its high-value purchase financing program offering up to EGP 15 million.
EFG Hermes will handle the offering as a financial advisor, and there may be other advisors involved, according to Husseini.
“Joining forces with Paynas will act as a gateway for valU to reach micro, small and medium businesses who are considered to be the backbone of the economy, with the goal to unlock various opportunities to both employers and employees,” it stated.
After the completion of obtaining regulatory approvals and ensuring that the agreed terms are met, this deal will be the first investment by the saudi Al Hokair in one of the Egyptian buy now and pay later (BNPL) platforms.
