Valu، MENA’s leading universal financial technology powerhouse، announced today that it has closed its 10th securitized bond issuance worth EGP 1.2 billion. The issuance is part of the approved extended securitization program worth EGP 9.
0 billion. The bond is backed by a receivables portfolio assigned to EFG for Securitization، the issuance’s special purpose vehicle (SPV)، and is comprised of two tranches: Shokry Bidair، CFO of Valu، said ، “This milestone marks a significant step in our growth journey، showcasing our ability to leverage a variety of financial instruments to fuel our expansion. The success of this issuance reflects the market's confidence in Valu's robust business model and our commitment to maintaining high standards of transparency and financial integrity.
We remain dedicated to offering innovative financial solutions that meet the evolving needs of our customers، and this latest securitization will enable us to further diversify our product offerings and enhance our service delivery.” Valu is revolutionizing the financial landscape in Egypt with its cutting-edge offerings that cater to the needs of millions of consumers. The company's flagship BNPL platform 'U' and along with a diverse basket of investment products، such as the AZ Valu fund and EFG Hermes ONE، are empowering customers to achieve their financial goals with ease.
Valu continues to innovate with the introduction of new solutions that meet its customers' evolving needs. Fro.
