Egyptian Fintech ValU Secures USD 63 M Financing For Expansion

ValU, Egypt’s leading consumer finance platform, has secured a short-term financing facility of up to EGP 3 B (~USD 63 M) from the National Bank of Egypt (NBE) to support its operations and near-term expansion plans. The facility is designed to ensure business continuity while ValU completes the process for a new bond issuance.

NBE said the financing aligns with its broader strategy to support the non-banking financial sector and expand access to consumer credit in Egypt. The bank added that the deal reflects confidence in ValU’s business model and its role in strengthening the country’s consumer finance ecosystem.

Founded in 2017, ValU is largely considered to have pioneered buy-now-pay-later (BNPL) solutions in the MENA region with customisable instalment plans for consumers and tools for businesses,

ValU CEO Walid Hassouna said the funding provides operational flexibility and helps diversify the company’s funding sources. The agreement follows ValU’s recent regulatory approval to launch in Jordan, signalling growing regional ambitions.