Egypt: Valu Secures $64m Credit Line From National Bank of Egypt

Valu has signed a short-term financing agreement of up to EGP3 billion, equivalent to about US$63.6 million, with National Bank of Egypt, strengthening its funding base as it expands regionally.

Founded in 2017, Valu operates a lifestyle-focused fintech platform offering consumer and business financial products. The company pioneered buy-now, pay-later services in the Middle East and North Africa and has since added investment products, savings solutions, instant cash redemption, and…