Egyptian BNPL fintech valU has partnered with ElSewedy University of Technology (SUT) – Polytechnic of Egypt to offer its financing services for individuals looking to pursue degrees in the institution.
Through this agreement, students enrolled in SUT – Polytechnic of Egypt will be able to pay their tuition fees over six to 12 months through valU, leveraging the BNPL leader’s convenient and affordable financing plans.
Group head of product development at valU, Ahmed Seoudy, said: “We are incredibly proud to be partnering with Polytechnic of Egypt today.
“This partnership perfectly complements our efforts to make high-quality education affordable and accessible across the country. As the country’s higher education sector continues to grow, we believe that valU’s financing solutions can help to alleviate financial burdens for students and make it easier for them to pursue their educational goals.”
This partnership is the latest in a series of collaborations that valU has forged in the education field.
For example, last year, valU collaborated with the American University in Cairo to offer affordable financing plans for individuals seeking to pursue an undergraduate or a graduate degree at the AUC.
valU also joined forces with PayTabs Egypt and The Knowledge Hub Universities, enabling TKH’s students to utilise valU’s financing solutions and process online payments via PayTabs Egypt’s payment gateway.
CEO of ElSewedy EDTECH, Hanan ElRehany, said: “ElSewedy University of Technology (SUT) – Polytechnic of Egypt aims to create a seamless transition from education to employment by providing hands-on educational tools and industry resources that prepare students with the skills and knowledge needed for today’s local and global job market.
“Partnering with fintech leader valU is an important step for us as we look to unlock opportunities for as many individuals as possible to access top-quality higher education institutions that apply international technologies and standards, thus providing students with the skills needed to meet the fast-paced and dynamic job market. We look forward to building on this relationship with valU and to opening doors for more students to achieve their educational aspirations.”
