Egyptian financial technology powerhouse Valu has kicked off 2026 with significant momentum, reporting impressive first-quarter results that highlight its growing dominance in the market. The company announced a 78% year-over-year surge in net income, reaching EGP 221 million, as it successfully transitions into a fully integrated lifestyle financing platform. This performance underscores Valu’s ability to drive profitable growth while expanding its product ecosystem and regional footprint.
Quick Facts
- Gross revenues grew 40% to EGP 1.52 billion
- Net income surged 78% to EGP 221 million
- Gross merchandise value (GMV) rose 31% to EGP 6.96 billion
Product Diversification Fuels User Growth
Valu’s strong quarter was supported by robust operational metrics across its diverse product lines. The company’s core “U” Buy-Now, Pay-Later (BNPL) offering remains its primary driver, with GMV increasing 25% to EGP 3.90 billion. However, newer segments are showing rapid scalability. The Prepaid Card has become a key tool for daily user engagement, with spending on the card jumping 77% to EGP 1.66 billion among its 285,000 activated users.
Other specialized financing products also posted solid gains. The Shift auto financing product saw its GMV increase by 31% to EGP 1.2 billion, while the Ulter & Loans premium financing service grew 23% to EGP 365 million. Overall, Valu’s activated customer base reached 924,000, with transaction volumes climbing 49% to 2.53 million for the quarter.
CEO Touts ‘Intelligent Growth’ and Profitability
Walid Hassouna, CEO of Valu, attributed the company’s performance to its scalable business model and disciplined financial management. The company maintained a Non-Performing Loan (NPL) ratio of just 1.24% while expanding its net profit margin to 14.7%.
“Our performance in 1Q26 reinforces the scalability of our model and our successful transition into a comprehensive lifestyle-enabling companion for our users,” commented Hassouna. “We are not just growing; we are growing intelligently by leveraging our proprietary credit engine to maintain asset quality while expanding into high-velocity segments.”
To fuel its expansion, Valu has secured EGP 21.2 billion in authorized limits from 28 financial institutions. During the quarter, the company injected EGP 2.1 billion in liquidity through securitization and other strategic transactions, signaling strong market confidence in its assets.
Jordan Expansion and SME Lending on the Horizon
Looking ahead, Valu is set to expand its reach both geographically and into new business verticals. The company has soft-launched its operations in Jordan and has received formal approval to establish an SME financing subsidiary in Egypt.
“With the soft opening of our operations in Jordan and the formal approval to establish our SME financing subsidiary, we are perfectly positioned to unlock new regional and B2B growth opportunities throughout the remainder of 2026,” Hassouna added.
The company also continues to enhance its digital offerings, recently launching instant large-ticket financing of up to EGP 1 million directly through its app, requiring only a national ID.
About Valu
Valu (Legal name: U Consumer Finance S.A.E.) (EGX: VALU.CA) is the leading universal financial technology powerhouse offering customers and businesses convenient and comprehensive financial solutions. It is the first fintech company providing consumer finance to become a listed company on the Egyptian Exchange (EGX), and this, alongside Amazon having a direct stake in the firm, represents Valu’s growth journey and dynamic business model. Under its product universe, Valu pioneered Buy-Now, Pay-Later (BNPL) solutions in the MENA region through U, providing customizable financing plans for up to 60 months across more than 9,000 stores and online platforms. Most recently, Valu has launched its services in Jordan in May 2026 under a Specialized Finance license, after receiving final approval from the Central Bank of Jordan (CBJ), offering consumers convenient financing solutions.
Source: Zawya
