ValU Cleared for EGX Listing in Milestone for Egypt’s Fintech Sector
Tech In Africa | Grace Ashiru - May 30, 2025
Featured entitiesThe most prominent entities mentioned in the article. Tap each entity to learn more.
EFG HoldingValUKarim RiadEGXFinancial Regulatory Authority (FRA)
Comment
AI-generated highlightsThe most relavant information from the article.
  • ValU CEO Walid Hassouna describes the upcoming EGX debut as a significant milestone for the company.
  • ValU received provisional approval to list on the Egyptian Exchange under ticker VALU.CA.
  • Trading of ValU shares is expected to begin the week of 22 June 2025, pending final regulatory approvals.
CommentaryExperimental. Chat GPT's thoughts on the subject.
ValU's upcoming IPO represents not only a crucial step for the company but also a transformative moment for Egypt's fintech ecosystem. As the first major tech-finance firm to enter the public market, it could inspire a wave of innovation and investment in the sector, potentially reshaping the competitive landscape of consumer lending in the region.
SummaryA summary of the article.
Also readRecommended reading related to this content.

Comments

No comments yet

Discussion

Need startup advice?
Leverage the Hadu community to get answers and advice for your most pressing questions about Africa Tech.