valU, MENA’s financial technology platform, has partnered with MobileMasr, Egypt’s tech-driven marketplace for second-hand electronics, to introduce the country’s first peer-to-peer Buy-Now, Pay-Later (BNPL) service for pre-owned smartphones, as per an emailed press release.

Fawry for Banking Technology and Electronic Payment has partnered with FORSA, a subsidiary of Drive Finance, to provide Buy Now, Pay Later (BNPL) services via its point-of-sale (POS) machines

ContactNow, the digital arm of Contact Financial Holding, has partnered with PayTabs Egypt to integrate its buy now, pay later (BNPL) services into PayTabs' payment infrastructure, aiming to make digital payments more accessible for merchants and consumers across Egypt, as per an emailed press release.

Fawry MSME, a fully owned subsidiary of Fawry, has facilitated 750,000 transactions with a total value of EGP 2 billion since the beginning of 2024 via its buy now, pay later (BNPL) digital solution for Fawry merchants, “Alnota” Overdraft.

Fawry for Banking Technology and Electronic Payment’s buy now, pay later (BNPL) business has exceeded EGP 1 billion in total disbursement as of September 2024.

valU, the consumer financing solutions arm of EFG Holding, announced a strategic rebranding, signaling a significant transformation in its brand design.

Majid Al Futtaim’s shopping malls have recorded robust sales with valU’s products and special promotions, including ‘Sha2labaz’. Sales hit record highs through the use of valU’s remarkable products and promotions that were achieved by several tenants such as Carrefour, El Araby Group, Hub Furniture, L’azurde, Mobilaty, Mazaya, Raya Electronics, Tradeline, and Vodafone.