valU,MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, partners for the first time with Arab Developers Holding, a leading real estate developer in Egypt, offering residents of its various developments installment solutions that cover home improvement and maintenance fees starting from July 1st, Invest-Gate reports.
Under the new deal, Arab Developers Holding’s customers can move into and maintain their homes soon as they no longer have to put up all financing required for their home finishing upfront. By making maintenance fees easy to pay through valU’s flexible installment solutions, homeowners may look forward to increasing the value of their assets in compounds that are well maintained and enjoy higher occupancy levels.
valU offers Arab Developers Holding’s customers the most convenient digital financing experience in the market. As valU offers a maximum financing amount per person of EGP 2.4 mn. There are no down payments or purchase fees required and tenors range from six and up to 60 months. Further, valU will assign agents inside the developer’s sales offices to facilitate the activation process for customers on-site.
Walid Hassouna, CEO of valU, says, “We are happy to cooperate with Arab Developers Holding to diversify our portfolio of services to all Egyptians across all income brackets and provide innovative solutions to empower our customers to achieve their desired lifestyles through our platform.”
For his part, Ayman Khalifa, CEO of Arab Developers Holding, states, “We are bringing our communities to life faster by providing our customers with access to convenient financing solutions while securing the value of their assets.”
Moreover, the company continuously strives to bring the most innovative solutions to its customers. Also, this partnership will carve the path for more success in the ever-growing Egyptian real estate space.
Recently, valU signs several key partnerships across various industries with players such as Egypt Air, Misr Insurance, Majid Al Futtaim Group, OPPO, the American University in Cairo, Saudi German Hospital in Egypt, and SODIC’s Club S, Noon, as well as Waffarha, among others.