Egyptian Fintech Valu Secures $27M from Saudi Investors Ahead of IPO

Majd Alshikh

Last updated 25-05-2025

2 min

Valu, an Egyptian fintech, raised $27 million from Saudi investors for its upcoming stock exchange listing.

Founded in 2017, Valu initially dominated the "buy now, pay later" market in Egypt.

The company now offers financing packages, investment solutions, and luxury goods financing.

With new funding and regulatory approval, Valu aims to enhance digital services and expand.

Saudi backing highlights Egypt’s dynamic fintech scene, with Valu as a leading innovator.

Egyptian fintech firm Valu has managed to reel in $27 million from Saudi investors as part of preparations for its anticipated listing on the Egyptian Stock Exchange. Big names including the Saudi Investment Bank and Sanabil Investments are backing the Cairo-based startup, hinting at growing confidence in Egypt's blossoming fintech seector.

Set up back in 2017, Valu first entered Egypt's bustling financial tech space with the "buy now, pay later" or BNPL model, swiftly grabbing around 24% of the consumer finance market. But since then, it's broadened far beyond its initial offering, branching out into tailor-made financing packages, investment solutions, innovative saving schemes and financing for luxury goods. Not bad at all for such a young company, Arageek readers might agree.

Now flush with fresh funding, Valu's gearing up to boost its expansion efforts and enhance its digital services, matching the growing appetite from the digitally savvy Egyptian customer base. It recently secured official approval from the Egyptian Stock Exchange (EGX) to list its shares publicly—an instrumental step as the fintech prepares to take to the trading floors soon.

It's also worth mentioning that just before securing this cash injection, Valu gained official regulatory recognition by obtaining a fintech licence from Egypt's Financial Regulatory Authority (FRA). This licence enables the firm to offer customers completely digitalised financial experiences.

This significant backing from heavyweight Saudi investors and the latest regulatory nods underline Egypt’s increasingly dynamic fintech landscape, with Valu clearly positioning itself as a frontrunner in this evolving market.

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