innovative financing solutions
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مال وأعمال
Financial Regulatory Authority Grants Orion Consumer Finance (marketing name “algo”) a License to Operate in Consumer Finance
Orion Consumer Finance (algo), a partnership between Talaat Moustafa Group (TMG) and AUR Leasing and Factoring, announced that it has received approval from the Financial Regulatory Authority (FRA) to operate in the consumer finance sector, after fulfilling all regulatory requirements set by the Authority. This step reflects the state’s direction toward expanding non-banking financial services and enhancing financial inclusion. In…
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بنوك
To Expand the Beneficiary Base of Innovative Financing Solutions: National Bank of Egypt (NBE) Grants Short-Term Financing to U Consumer Finance “Valu”
The National Bank of Egypt (NBE) announced the signing of a short-term financing agreement worth up to EGP 3 billion for U Consumer Finance, known under the trademark of “Valu”, Egypt’s universal financial technology powerhouse. This comes as part of NBE’s support for the non-banking financial sector, the promotion of financial inclusion, and the expansion of the beneficiary base for…
