Valu’s Net Profit Rises to EGP 731 Million as Revenue Reaches EGP 5.33 Billion in First Nine Months of 2026

Valu, a leading financial technology company in the Middle East and North Africa (MENA) region, announced that its net profit rose to EGP 731 million during the first nine months of 2026, marking a 35% year-on-year increase, while gross revenue climbed 36% to EGP 5.33 billion, supported by expanding financing activities, merchant network growth, and a diversified portfolio of financial products and services.

According to the company’s financial and operational results for the nine-month period ended September 2026 (9M26), net revenue increased by 53% year-on-year to EGP 3.08 billion, driven by accelerated growth across its merchant network, securitization gains, and interest income.

Valu also recorded an annualized return on average equity (ROAE) of 37.0%, demonstrating its ability to balance operational expansion with disciplined risk management despite ongoing macroeconomic and geopolitical uncertainties.

The company’s performance was supported by continued growth in Egypt’s consumer finance market, the expansion of its product ecosystem, and the launch of operations in Jordan, marking its first regional expansion beyond Egypt.

Valu’s Gross Merchandise Value Reaches EGP 24.7 Billion

Valu maintained strong operational momentum across its multi-product ecosystem during the first nine months of 2026.

Gross Merchandise Value (GMV) reached EGP 24.7 billion, representing a 43% year-on-year increase, while loan issuances grew by 48% to EGP 21.5 billion across 8.3 million transactions.

The company’s activated customer base increased by 14% year-on-year to 993,000 customers, with engagement levels reaching an average of 16 transactions per customer.

Meanwhile, Valu’s outstanding principal portfolio expanded by 46% year-on-year to EGP 19.04 billion, compared with EGP 13.5 billion when excluding securitized assets.

Despite challenging market conditions, Valu maintained solid asset quality, with its non-performing loan (NPL) ratio contained at 1.20% and a coverage ratio of 71%.

As of June 2026, Valu maintained a leading 20% market share in Egypt’s consumer finance market, reinforcing its competitive position in the sector.

Valu CEO: Credit Quality Remains a Priority Over Financing Volume

Commenting on the financial and operational performance, Walid Hassouna, Chief Executive Officer of Valu, emphasized the importance of maintaining disciplined credit policies while expanding the company’s financing activities.

“In a market where consumer credit is growing fast, discipline matters as much as reach. Over the first nine months of 2026, we always deliberately put quality ahead of volume,” Hassouna said.

“Our cumulative approval rate tightened to 54.85% from 58.12% in 2025, as a healthier credit book lets us keep lending to customers through every cycle.”

Hassouna explained that the company’s disciplined lending approach has enabled it to pursue strategic investments while maintaining a sustainable growth trajectory.

“That discipline gave us room to move on two fronts, seeing strategic investments weigh on near-term results, while vertical and horizontal expansion builds a foundation for sustainable long-term growth,” he added.

The CEO highlighted Valu’s expansion into new business segments and international markets as part of its long-term diversification strategy.

“With our launch in Jordan, auto financing and app-based savings, we are taking Valu beyond Egypt for the first time while continuously expanding the local offering.”

“With the SME license in progress, our footprint will expand to reach small and medium-sized businesses, in addition to the car buyers and everyday savers who are already using Valu on the same platform. The result is a more diversified business that better serves our clients,” Hassouna stated.

Valu Launches El Gameya Digital Savings Product with EGP 15 Million in Payouts

During the third quarter of 2026, Valu introduced El Gameya, an in-app rotating savings circle designed to provide customers with an additional digital financial solution.

Since its launch, the product has completed EGP 15 million in payouts across 225 unique customers, with an average transaction value of EGP 66,000.

The introduction of El Gameya represents another step in Valu’s strategy to expand beyond traditional consumer financing and offer a broader range of financial products through its digital platform.

Valu Distributes EGP 45 Million in Instant Cashback to 338,000 Customers

Valu also launched an instant-cashback loyalty program covering all financed transactions, regardless of their nature.

To date, the program has distributed EGP 45 million in cashback rewards across 1.5 million transactions, benefiting approximately 338,000 customers.

The initiative forms part of the company’s efforts to enhance customer engagement, encourage the use of its financing services, and strengthen customer loyalty across its digital ecosystem.

Valu Expands into Jordan, Onboarding 126 Merchants

Valu made significant progress in its regional expansion strategy following the activation of its operations in Jordan.

The company successfully onboarded 126 merchants through 31 merchant campaigns, while executing approximately 3,060 transactions in the Jordanian market.

Approved credit limits reached JOD 1.6 million, with the company maintaining a conservative approval rate of 43%, reflecting its disciplined approach to credit risk management.

The launch in Jordan marks Valu’s first operational expansion beyond Egypt and supports its strategy to establish a more diversified regional business model.

Through its growing merchant network and financing products, Valu aims to strengthen its regional presence while continuing to develop its services in the Egyptian market.

Valu Completes EGP 1 Billion Corporate Bond Issuance

To support the continued expansion of its financing portfolio and strengthen its balance sheet, Valu diversified its funding sources during the reporting period.

In August 2026, the company completed its inaugural EGP 1 billion corporate bond issuance as part of a broader EGP 10 billion bond program.

Valu also secured an EGP 600 million financing facility, equivalent to USD 12.5 million, from the European Bank for Reconstruction and Development (EBRD).

These financing arrangements are intended to reinforce Valu’s liquidity position and provide additional funding capacity to support its expanding financial services and regional growth plans.

The company continues to focus on diversifying its funding channels to ensure the availability of financial resources required for sustainable long-term expansion.

Valu’s Electric Vehicle Financing Surges to EGP 383 Million

Valu recorded strong growth in its sustainable financing activities, particularly through its Shift automotive financing program.

Electric vehicle (EV) financing under Shift increased by 313% year-on-year to EGP 383 million during the first nine months of 2026.

Meanwhile, the Gross Merchandise Value of electric vehicles financed through the program reached EGP 650 million.

The strong performance reflects growing demand for electric vehicle financing solutions and Valu’s continued expansion into sustainable mobility financing.

As part of its broader sustainability initiatives, Valu remains on track to publish its first carbon footprint report by the end of 2026.

The report will represent a further step in the company’s efforts to assess its environmental impact and strengthen its sustainability practices.

Valu Targets Final Approval for SME Financing in Egypt

Looking ahead to the final quarter of 2026, Valu is prioritizing the completion of regulatory procedures required to obtain final approval for small and medium-sized enterprise (SME) financing activities in Egypt.

The planned expansion into SME financing is expected to broaden the company’s customer base and diversify its financial services offering.

By entering the SME financing segment, Valu aims to serve small and medium-sized businesses alongside its existing customers, including consumer finance users, automotive financing clients, and digital savings participants.

This strategic move supports the company’s ambition to develop a more comprehensive financial technology platform capable of addressing a wider range of customer needs.

Valu Plans to Pilot Risk Rule Engine 3.0

As part of its continued investment in credit risk management and operational efficiency, Valu plans to initiate a pilot of its new Risk Rule Engine 3.0.

The pilot will initially cover 20% of incoming financing applications, allowing the company to assess the system’s effectiveness in supporting credit decision-making and risk evaluation.

The initiative reflects Valu’s commitment to maintaining disciplined lending practices while scaling its financing operations.

In parallel, the company intends to further expand its Shift automotive financing program and El Gameya digital savings product.

Valu also plans to strengthen its merchant partnerships in Jordan, supporting the continued development of its regional operations.

Valu Explores Additional Funding and Capital Options for Regional Growth

Valu will continue evaluating opportunities to broaden its funding sources and strengthen its capital structure to support long-term expansion.

The company is also assessing capital options that could facilitate sustainable regional growth while maintaining financial resilience and disciplined risk management.

Its strategic priorities remain focused on expanding its product portfolio, strengthening its merchant network, enhancing customer engagement, and maintaining the quality of its financing portfolio.

By combining regional expansion with product diversification and prudent credit policies, Valu aims to build a more diversified financial technology business capable of delivering sustainable growth across Egypt and the wider MENA region.