Valu, leading universal financial technology powerhouse in MENA, announced today its results for the first half ended June 30, 2026, demonstrating robust financial and operating momentum that anchored its market leadership. The company reported gross revenues of EGP 3.2 billion, a 29% year-over-year (Y-o-Y) expansion, while net income climbed 43% Y-o-Y to reach EGP 486 million. Gross merchandise value (GMV) surged 38% Y-o-Y to EGP 14.6 billion, propelled by a 45% Y-o-Y jump in transaction volumes to 5.2 million and a growing foundation of 955k active customers. Valu held a commanding 21% market share as of May 2026 and maintained a resilient Non-Performing Loan (NPL) ratio of 1.16%, underscoring its capacity for profitable growth amidst fluctuating macroeconomic conditions.
Operationally, Valu sustained exceptional execution throughout 1H26. Average daily GMV accelerated to EGP 81.1 million, while average daily transactions reached 29k. Customer engagement intensified, with transaction frequency per customer increasing to 12.4x, up from 9.8x in 1H25. This growth is supported by an entrenched network of over 9,800 active merchant partners, creating a formidable barrier to entry. The company’s commitment to financial inclusion saw the active unbanked customer base expand by 41% Y-o-Y to 390k, contributing EGP 2.11 billion in GMV and executing 872k transactions during the period.
The product ecosystem demonstrated maturing diversification as non-lending and high-velocity solutions captured greater market share. The core “U” product remained the primary anchor, with GMV increasing 22% Y-o-Y to EGP 7.82 billion. The Prepaid Card established itself as a premier engine for engagement, with spend spiking 64% Y-o-Y to EGP 3.3 billion and reaching 300,000 activated cards. The Shift auto financing product saw a massive 98% Y-o-Y GMV surge to EGP 2.87 billion, while Ulter & Loans for premium financing rose 26% to EGP 740 million. Additionally, the integrated marketplace, Shop’IT, reached a milestone of EGP 300 million in GMV since inception.
Walid Hassouna, CEO of Valu, commented: “Valu’s 1H26 performance reflects the strength of our strategy to build a fully integrated financial lifestyle ecosystem. We delivered profitable growth, with net profit margin expanding to 15.8% and net interest margin reaching 17%, while advancing our next phase of growth through our successful launch in Jordan and the planned introduction of SME financing in Egypt. Our investment in proprietary technology infrastructure, including our new data center, strengthens our scalability and ability to deliver superior customer experience as we expand into new markets and segments”.
To support its expansionary mandates, Valu optimized its capital architecture, securing authorized credit facilities from 28 financial institutions totaling EGP 24.08 billion. The second quarter was defined by high-velocity capital recycling, including the closure of the 22nd securitization issuance of EGP 881 million, bringing total securitized volume to EGP 21.2 billion.
Throughout 1H2026, Valu achieved critical milestones in technology and governance, completing the annual renewal for PCI DSS v4.0.1 for the 4th year in a row, in addition to ISO 27001, and ISO 27701 certifications while advancing its SOC 2 Type II readiness.
إخلاء مسؤولية إن موقع بالبلدي يعمل بطريقة آلية دون تدخل بشري،ولذلك فإن جميع المقالات والاخبار والتعليقات المنشوره في الموقع مسؤولية أصحابها وإداره الموقع لا تتحمل أي مسؤولية أدبية او قانونية عن محتوى الموقع.
"جميع الحقوق محفوظة لأصحابها"
المصدر :" سي نيوز "
