Valu is officially live on the Egyptian Exchange.

Valu, Egypt’s leading consumer fintech platform, has officially entered the public markets today with its debut on the Egyptian Exchange (EGX).

Rather than a traditional IPO, the listing follows approval by EFG Holding’s general assembly to use retained earnings for an in-kind dividend. Shareholders of parent company EFG Holding will receive 20.49% of Valu’s share capital, allocated proportionally to their holding. This is at a rate of one Valu share for every 3.3273 EFG shares held. 

Valu’s entry into the public market marks a key milestone in the company’s growth trajectory. Originally known for pioneering the buy-now, pay-later model in Egypt, Valu has evolved into a diversified digital financial services provider. It now offers lending, investment tools, prepaid and co-branded cards, and high-ticket financing.

“Today marks a transformative milestone in Valu’s journey. Becoming a publicly listed company is a powerful validation of the impact we’ve made and the future we are building. Since our inception, we’ve been driven by a mission to democratize access to finance and empower individuals and businesses through innovative, tech-enabled solutions. Listing Valu brings our mission of financial inclusion full circle. As we enter this new chapter, we remain committed to innovation, inclusion, and excellence.”

Walid Hassouna, CEO of Valu.

The company’s financial performance has been strong. In 2024, Valu recorded gross revenue of EGP 3.1 billion and a net profit of EGP 423 million. This represents a 78% increase year-on-year. Gross merchandise value reached EGP 16.5 billion, while loan issuances totaled EGP 14.8 billion. In Q1 2025, the platform averaged 16,000 transactions per day, more than doubling from the same period last year.

Valu’s tech infrastructure has played a major role in its ability to scale efficiently. The company leverages a proprietary machine learning system for instant credit decisions and maintains a low non-performing loan ratio of 0.72%. It recently launched a Visa-backed prepaid card, which already accounts for nearly one-third of its transaction volume.

On the funding side, Valu has securitized over EGP 13.3 billion through 14 bond issuances and holds access to more than EGP 8.3 billion in credit lines from 22 financial institutions. This model supports continued growth while keeping the company’s balance sheet light.

Looking ahead, Valu plans to expand into new product verticals such as affiliate marketing and prepaid payments and is exploring regional market opportunities. The listing also signals a broader shift for Egypt’s fintech landscape, with homegrown players increasingly maturing beyond the startup stage.

EFG Hermes acted as sole financial advisor on the listing. Zulficar & Partners served as local legal counsel, with Gibson, Dunn & Crutcher advising internationally.