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EFG Holding posts EGP 14.7 billion in full-year revenues

EFG Holding posts EGP 14.7 billion in full-year revenues

The group’s net profit rose 47% YoY to EGP 3.2 billion in 2023, supported by the increase in profit at its brokerage division, asset management, Valu, and aiBANK
aiBANK, Valu unveil exclusive co-branded credit card in partnership with Visa

aiBANK, Valu unveil co-branded credit card in partnership with Visa

The new card will introduce a unique balance transfer program, allowing customers to transfer their balances from any other credit card
EFG Holding’s Valu, Bosta partner to advance logistic solutions

EFG Holding’s Valu, Bosta partner to advance logistic solutions

The innovative approach is expected to significantly enhance the convenience and affordability of shopping for customers
EFG Holding’s valU rebrands into a financial tech firm

EFG Holding’s valU rebrands into a financial tech firm

The new visual identity reflects the financial technology firm’s dedication to innovation and efficiency
EFG Holding

EFG Hermes concludes advisory on HSB’s $8.1 million unsecured notes

The brokerage firm’s latest issuance is part of a series of back-to-back transactions EFG Hermes has concluded in the debt capital market space
valU and Azimut fund

EFG Hermes’ valU, Azimut partner to launch AZ valU fund

The fund invests in a roster of secure, high-liquidity assets with short-and medium-term tenors, ultimately generating competitive average daily returns for customers

EFG Hermes’ valU, Sympl partner for short-term BNPL plans

Egyptian buy now pay later (BNPL) firm valU said Thursday that it has partnered with fintech firm Sympl to allow the its clients to...
EFG Hermes unveils enhanced custody and asset servicing platform

EFG Hermes’ BNPL firm valU acquires HR and payroll platform Paynas

Egyptian buy now pay later (BNPL) firm valU said Tuesday that it has acquired Paynas, a full-fledged employee management and benefits company that offers...

Egyptian fintech startup valU raises $12.4M, valuation touches $247.4M

Egyptian buy now pay later (BNPL) firm valU said Monday that it has secured a $12.4 million capital injection from the Alhokair Family, valuing...