Egyptian Startup valU Acquires HR Startup Paynas To Expand

Egyptian buy now, pay later startup, valU has announced a complete acquisition of HR startup, Paynas. valU can now combine its BNPL offerings with Paynas’s HR offerings allowing it to reach a larger audience with the acquisition.

Paynas helps micro, small, and medium enterprises in the country to manage their HR needs, including attendance, vacation, leave, payroll, reporting, and analytics.