Valu, a leading Egyptian FinTech company, has raised $27 million in fresh funding from prominent Saudi investors, including the Saudi Investment Bank and Sanabil Investments (a wholly owned company by the Public Investment Fund – PIF), bolstering its financial strength ahead of its anticipated listing on the Egyptian Exchange (EGX).
This strategic funding will support Valu’s ambitious growth plans and enhance its broad portfolio of digital financial solutions. The company has already received official approval from EGX to list its shares, marking a major milestone towards becoming a publicly traded company.
The funding comes after Valu secured a FinTech license from the Financial Regulatory Authority (FRA), enabling it to deliver a fully digital experience across its services.
Founded in 2017, Valu has become a major force in Egypt’s consumer finance market, holding an estimated 24% market share.
Initially launched as a “Buy Now, Pay Later” (BNPL) platform, Valu has evolved to offer comprehensive financial services, including flexible financing plans, investment products, savings programs, and luxury goods financing.
This round of investment from major regional players underscores investor confidence in Valu’s business model and its growth potential in Egypt’s evolving FinTech sector.
With this new funding and regulatory green light, Valu is poised to accelerate its expansion and solidify its market leadership.
Its journey to public listing is expected to attract further investor attention and possibly pave the way for more technology-driven IPOs in Egypt, contributing to a stronger and more diversified capital market.
