Valu, the leading lifestyle-enabling fintech platform, has secured $63.0 million in its latest funding round. The company, operating under FRA regulation licence no. 13-18/10/2020, is widely recognized for pioneering Buy-Now, Pay-Later (BNPL) solutions across the Middle East and North Africa (MENA) region. Valu provides customizable financing plans for up to 60 months, accessible across more than 5,000 points of sale and over 600 websites. Its extensive product universe covers a diverse array of categories, including home appliances, electronics, home finishing, furniture, residential solar solutions, healthcare, education, travel, and fashion, among others, catering to a broad customer base seeking flexible payment options.
Beyond its core BNPL offerings, Valu also provides a suite of other financial services. These include investment products through the AZ valU fund, an instant cash redemption program called Sha2labaz, and savings solutions via Akeed. Additionally, Valu Business caters to enterprises with hassle-free HR payroll services and other business-focused solutions. This significant capital infusion underscores investor confidence in Valu's comprehensive fintech ecosystem and its strategic position within the rapidly evolving financial services landscape of the MENA region, highlighting its proven ability to deliver diverse financial solutions.
The newly raised capital is expected to support Valu's ongoing expansion plans and further enhance its technological infrastructure. The company plans to strategically deploy the funds to scale its operations, broaden its product offerings, and strengthen its market presence across key segments. As an award-winning fintech player, Valu maintains a progressive mindset, driven by an agile workforce committed to architecting innovative financial solutions. This funding round positions Valu to continue its trajectory of growth and innovation, aiming to further solidify its leadership in the regional fintech sector and meet evolving customer and business needs.
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