Valu Pioneers In-Kind Dividend Listing on Egyptian Exchange for Public Debut

Editorial Team

Last updated 28-05-2025

3 min

Valu is listing on the Egyptian Exchange through an in-kind dividend distribution.

EFG Holding shareholders will receive Valu shares proportional to their holdings.

Valu has grown significantly, with over 9 million transactions and substantial revenue.

Innovative offerings like a Visa-backed prepaid card drive approximately a third of transactions.

Valu is expanding beyond Egypt, with new ventures and strategic financial partnerships.

Valu, Egypt's well-known fintech powerhouse, is gearing itself up to enter the public market—but it's doing things a bit differently this time around. Instead of taking the traditional IPO route, Valu is set to list its shares on the Egyptian Exchange (EGX) through an in-kind dividend distribution, giving its parent company, EFG Holding, shareholders a bite at the cherry. So what's that mean exactly? Well, investors in EFG Holding will receive around 20.49 per cent of Valu shares distributed proportionately to their holding. In clear-cut terms, anyone holding just over three shares (3.3273 to be precise) of EFG Holding stands to receive one shiny new share in Valu.

June 12 is marked down as the record date, and trading on the EGX should kick off the week of June 22—assuming everything goes smoothly with regulators and approvals. As Arageek readers might recognise, Valu has grown substantially since its early days as a pioneer of the buy-now-pay-later model. It's now a multi-service fintech juggernaut offering consumer lending, payments, investment solutions, and specialised financing for big-ticket items.

MENA’s Prop-tech Revolution: Startups in MENA That Secured Big Funding to Reshape Prop-tech in MENA Region

Operating with more than 8,000 merchant partners in Egypt, Valu's impressive figures back up its decision to go public. Over 9.2 million transactions have been completed using its platform. Just last year, Valu recorded a gross revenue of around 3.1 billion Egyptian pounds. Its latest net profit stood tall at 423 million pounds—up a solid 78 per cent from the previous year. Loan issuances hit 14.8 billion pounds, alongside a remarkable 16.5 billion pounds of gross merchandise value. More impressively, daily transactions have doubled in the first quarter of this year to about 16,000 transactions a day.

Adding to this, Valu recently introduced a Visa-backed prepaid card that's really gained traction. It now accounts for roughly a third of all their transactions—another sign they're not messing about when it comes to innovation. Tech buffs will appreciate how Valu has cleverly leveraged machine learning to make on-the-spot credit decisions, keeping bad debts well under control at just a 0.72 per cent non-performing loan ratio.

To fund all this growth, Valu has been shrewd with its strategy, securitising over 13.3 billion Egyptian pounds through multiple bond issuances. They've also secured a solid foothold with access to roughly 8.3 billion pounds from over 20 banks and financial institutions—this financing mix means they can scale up without being bogged down by debt.

Looking ahead, expansion beyond Egyptian borders is firmly on the cards, along with new ventures like affiliate marketing and prepaid solutions. CEO Walid Hassouna called this new chapter a natural progression for the growing fintech star: "This listing marks a significant milestone in Valu's journey," he explained, noting proudly that it showed the company's "disruptive and positive impact" on the market as a regional fintech leader.

EFG Hermes has jumped in as the sole financial advisor on this unique listing, while Zulficar and Partners tackle local legal matters and Gibson, Dunn and Crutcher manage the international angles.

Valu's decision to leap into the stock market without a typical IPO sends a clear signal that Egypt’s home-grown fintech firms have seriously grown up beyond the scrappy start-up years. Given Valu’s steadfast march forward, there's certainly plenty to look foward to from this Egyptian fintech favourite.

🚀 Got exciting news to share?

If you're a startup founder, VC, or PR agency with big updates—funding rounds, product launches 📢, or company milestones 🎉 — AraGeek English wants to hear from you!