Valu Announces its Strategic Rebranding as Part of its Evolution into a Universal Financial Technology Powerhouse
تاريخ النشر: 22nd, August 2023 GMT
The move reflects Valu’s growth and transformation to better serve its clients، underscoring the breadth and depth of its portfolio of value-accretive financial solutions
Valu، MENA’s leading financial technology company، announced today a strategic rebranding، marking a pivotal shift in its brand architecture.
Valu has consistently been at the forefront of innovation and a game-changer in the fintech space since its inception as the first BNPL platform in the MENA region. It now hosts a universe of cutting-edge financial solutions and services that empower individuals to pursue their aspirations and improve their quality of life. As the fintech industry evolves rapidly، Valu recognizes the importance of adapting to meet clients' changing needs and demands. This strategic rebranding not only reflects Valu’s growth but underscores the company’s dedication to innovation، efficiency، and excellence in serving a broader range of clients across various sectors.
Under the new brand identity، Valu has refreshed its logo، application، and overall visual identity to represent the company in a more modern and dynamic way. The new brand identity embodies the company’s core values of responsibility، innovation، prioritizing people، and agility، while the revamped application offers an expanded range of services and solutions. The application's new design highlights Valu’s enhanced capabilities and investments in cutting-edge technologies through its ongoing commitment to innovation and to providing clients with unparalleled access to financial solutions through a universal platform.
Walid Hassouna، CEO of Valu، commented on the news: “One of the key drivers behind our strategic rebranding is our unwavering focus on client centricity. We developed our offerings to provide clients with everything they need through one platform. Our expanded suite of fully digitalized products and services will empower individuals and businesses and foster financial inclusion. Valu today is no longer a consumer finance company; we now offer an instant cash redemption program، savings solutions، investment products، B2B services platform، and more. As such، it was about time for Valu to undergo a brand restructuring to reflect the breadth and depth of its brand portfolio as well as its current position as a universal financial technology powerhouse. The rebranding further encompasses an intensified effort to foster strategic partnerships and collaborations with industry leaders، global brands، and market innovators to accelerate the development and deployment of ground-breaking solutions that will shape the future of the fintech industry.”
The newly optimized structure of the brands under the umbrella of Valu will be as follows:
U – BNPL platform offering financial program up to 60 months with the following programs:Sha2labaz: An instant cash-redemption programMa3ak: A program targeting university students between 18 - 23 years of ageFamily: A program qualifying clients’ first-degree relatives over 16 years of age to acquire a borrowing limitUlter: A special program that enables customers to make high-value purchases of up to EGP 15 million Business – A B2B services platform offering a corporate HR employee management system، benefits، payroll cards، and other financial services (formerly Paynas، which was acquired by Valu in 2022).Akeed – Virtual Lease to Own Product (VLTO)، asave-to-buy platform embedded within Valu’s universe that allows clients to save and gain returns.Flip – Allows customers to send and receive funds. It is the most widely accepted gift card in Egypt.Invest – An investment platform that will allow customers to make strategic investments in various funds، including the current AZ Valu Fund، a money-market fund launched in partnership with Azimut providing people with a flexible and convenient investment solution and EFG Hermes ONE، a state-of-the-art online securities trading platform that provides users with one-click access to global markets anytime، anywhere.
The strategic rebranding coincides with the company’s continuous commitment to strengthening its team، expanding its presence، and driving positive change within the fintech ecosystem. Its dedicated professionals remain focused on fostering lasting relationships with their clients، understanding their unique goals، and providing tailored solutions that drive measurable results.
Key Valu Milestones to Date
Forbes Middle East listed Valu as one of the ‘Top Fintech companies’ in 2021، 2022 and 2023Named ‘Fintech Company of the Year’ at the Gulf Business Tech Awards in 2021 and 2022Entrepreneur Middle East awarded Valu 3 times at the ‘Leaders in Fintech Awards 2021’ and ‘Leaders in Fintech Awards 2022’ – as Best BNPL platform، and at the ‘Tech Innovation Awards 2021’ as Fintech Company of the Year Awarded ‘Fintech Innovation of the Year’ at the Seamless Awards in 2019 Recognized as the ‘Best Fintech Startup in North Africa: BNPL Service’ at the Africa Bank 4.0 Awards in 2023Honored as the ‘Most Innovative Fintech Company’ by the Global Brands Magazine 2023Won the title of ‘Best Ramadan Comedy Ad’ at the Creative Industry Summit in 2023 and received the accolade for ‘Best Marketing Campaign’ at the International Finance Awards 2023Almost 3 million transactions with over 3 million app downloads across the boardMore than 5،500 points of sale and service providers over 1،500+ e-commerce platformsOver 1 million active Valu clients across the boardTotal gross merchandise value of EGP 5.8 billion as of 2022 on the BNPL platform، U — a twofold increase from the EGP 2.4 billion booked in 2021Amazon acquired USD 10 million in EFG Holding GDRs with the option to place that investment into Valu in the future، translating into 4.255% of Valu’s issued share capitalFully acquired Paynas in 2022 — a full-fledged employee management and benefits company that offers services to MSMEs. Paynas is currently rebranded to ValuValu also acquired a minority stake in Kiwe — the first social payment app for youth in EgyptValu has a 2% indirect stake in Paytabs Egypt Valu acquired a minor stake in Hoods، the Middle East’s leading live commerce platformValu owns a 10% stake in EFG EV Fintech، EFG Holding’s accelerator and incubator
About Valu
Valu is the leading universal financial technology company offering customers and businesses convenient and comprehensive financial solutions. Under its product universe، Valu pioneered Buy-Now، Pay-Later (BNPL) solutions in the MENA region، providing customizable financing plans for up to 60 months across more than 5،500 points of sale and over 1500 websites and apps – covering a diverse array of categories، including home appliances، electronics، home finishing، furniture، residential solar solutions، healthcare، education، travel، and fashion، among others. Valu also offers investment products، an instant cash redemption program، and savings solutions through the AZ Valu fund، Sha2labaz، Ulter and Akeed، respectively. In addition، Valu offers business to business solutions with a hassle-free HR payroll services and more. As an award-winning fintech player in the MENA region، Valu embraces a progressive mindset with an agile workforce committed to architecting innovative financial solutions.
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Valu Receives Initial Approval from the Central Bank of Jordan to Launch Operations
Valu، the MENA region’s leading universal financial technology powerhouse، is proud to announce that the Central Bank of Jordan has granted its initial approval for Valu to officially launch BNPL (Buy Now، Pay Later) services in Jordan. This milestone marks a significant step in Valu’s regional expansion، driven by the recognition of Jordan’s dynamic market potential and growing demand for flexible، accessible financial solutions.
As part of its broader growth strategy، Valu recognizes Jordan as a promising frontier and an emerging hub of economic vitality and digital transformation. The company’s comprehensive market assessment underscores the country’s promising growth prospects، fueled by a rising consumer appetite for innovative payment options that enhance purchasing power and financial convenience.
Valu’s advanced BNPL platform is designed to revolutionize how Jordanians shop and pay. By offering flexible installment plans for everyday purchases، whether for retail، electronics، healthcare، or other sectors، Valu enables consumers to acquire goods and services without immediate financial strain. This not only improves their lifestyle by making essential and aspirational products more affordable but also fosters financial inclusion by providing credit access to a broader segment of the population.
For merchants and businesses، Valu’s BNPL solutions present an opportunity to increase sales، attract new customers، and build loyalty through seamless integration. By offering flexible payment options، merchants can enhance customer satisfaction and drive growth in a competitive marketplace.
The Jordanian launch is underpinned by meticulous groundwork، including the recruitment of highly experienced professionals with deep expertise in Jordan’s financial landscape and proven success in fintech innovation. Over recent months، Valu has cultivated strategic partnerships with leading merchants and financial institutions across Jordan، which stands as early evidence of the strong regional demand for its trusted BNPL offerings. These alliances will serve as the foundation for an expanding network committed to delivering smooth، convenient financial experiences to Jordanian consumers and merchants alike.
Adding to Valu’s momentum is its recent listing on the Egyptian Exchange (EGX)، elevating its corporate stature and regional visibility. This milestone not only enhances Valu’s credibility but also opens new pathways for strategic collaborations and regional growth.
Habiba Naguib، Chief Market Expansion and Strategy Officer of Valu، expressed her excitement، stating: “Expanding into Jordan with our BNPL services represents a major leap forward، unlocking new opportunities for consumers and merchants alike. Our platform is designed to empower individuals by offering flexible، responsible credit options that improve their purchasing power and lifestyle. The recent listing on the EGX and Amazon’s strategic investment reinforce our confidence in our growth trajectory and our commitment to transforming digital finance across the region.”
Naguib added: “At our core، we remain dedicated to innovation and financial inclusion. Our financial solutions are tailored to meet the evolving needs of Jordanian consumers and merchants، helping them to transact smarter، grow faster، and live better.”
This expansion into Jordan، reinforced by Valu’s recent milestones and strategic collaboration with Amazon، positions the company as a regional fintech leader committed to fostering economic vitality، promoting financial inclusion، and empowering communities through responsible، flexible credit solutions.
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