Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

ValU signs strategic partnership with leading GCC payments Fintech platform Geidea

The partnership will drive the growth of the BNPL player’s retail merchants while also enabling Geidea to augment its current services and solutions.
16.12.22 | Source: Zawya

By tapping into Geidea’s network of merchants in Egypt, the partnership will allow valU to expand its customer and merchant bases while fueling the BNPL player’s drive to support nationwide financial inclusion through the integration of key financial solutions under one roof


Cairo: valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced today that it has formed a partnership with Geidea, a Saudi-based digital payments provider, to integrate the company’s seamless and intuitive payment aggregation solutions into the valU ecosystem.


The partnership will drive the growth of the BNPL player’s retail merchants while also enabling Geidea to augment its current services and solutions with valU’s comprehensive financing services and tap new merchants in the BNPL player’s network.


Ahmed Hashem, valU’s Chief Commercial Officer, commented: “Our successful partnership with Geidea underscores valU’s commitment to creating long-term value for the people who rely on our tech-enabled financial services every day. The synergies between valU and Geidea were clear from the get-go, and our values and objectives are very much aligned. Together, we aim to support the people in our communities to grow their businesses and simplify their daily transactions, all while contributing to the inclusion of the unbanked and underserved segments of consumers and vendors alike. Through continued partnerships such as this, we look forward to playing an even greater role in the fintech space and having a deeper impact on people and businesses by delivering solutions that are intuitive, accessible, and affordable.”

FREE NEWSLETTER