Egypt-based fintech Valu reported first-half 2025 gross revenue of EGP 2.6bn ($53.7m) and net income of EGP 341m ($7.0m), up 94% and 64% year on year, respectively. Growth was underpinned by stronger core activity: GMV reached EGP 10.56bn ($218.0m, +80% YoY) on 3.59m transactions (+133%), while loan issuances rose 60% to EGP 8.85bn ($182.8m). Market share expanded to 25%, according to FRA data cited by the company.
Second-quarter momentum held up, with revenue of EGP 1.52bn ($31.4m, +96% YoY) and net income of EGP 217m ($4.5m, +121%). Q2 GMV was EGP 5.21bn ($107.6m) and transactions totaled 1.89m. Active customers increased to 831k.
Risk metrics improved: NPLs were 1.03% in Q2 2025 vs 1.12% a year earlier, and cost of risk fell to 0.95% from 1.18%. Management cited a proprietary underwriting model and maintained approval rates of ~53%.
Product diversification continued. The Prepaid Card showed “more than 2x” growth in top-ups and spend, and a 3.3x jump in spending transactions versus Q2 2024, as the card evolves into an everyday payment tool.
On funding, Valu reported EGP 10bn ($206.4m) in authorised credit limits across 22 banks and NBFIs, and said it has completed 16 securitisations totaling EGP 16bn ($330.2m). A fourth FRA-approved program, valued at EGP 10bn and backed by an EGP 13bn portfolio, further expands capacity.
Regulatory milestones included the Fintech Operating License from the FRA in March 2025 enabling fully digital onboarding, and initial approval from the Central Bank of Jordan on July 10, 2025 to launch in that market.
USD equivalents use an indicative rate of EGP 48.45 per $1 (Aug 12–14, 2025). Rates fluctuate.
