{"id":24286,"date":"2023-10-02T14:12:14","date_gmt":"2023-10-02T14:12:14","guid":{"rendered":"https:\/\/www.meretailnews.com\/?p=24286"},"modified":"2023-10-02T14:18:36","modified_gmt":"2023-10-02T14:18:36","slug":"valu-to-launch-in-jordan","status":"publish","type":"post","link":"https:\/\/www.meretailnews.com\/2023\/10\/02\/valu-to-launch-in-jordan\/","title":{"rendered":"valU to launch in Jordan"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<span data-preserver-spaces=\"true\">Egyptian <a href=\"https:\/\/www.meretailnews.com\/2023\/09\/20\/mena-retailers-take-on-bnpls\/\">BNPL<\/a> fintech valU<\/span><span data-preserver-spaces=\"true\">\u00a0has announced its plans to expand its services to Jordan at the beginning of 2024.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The plan aligns with Valu\u2019s business strategy which focuses on targeting markets with favourable dynamics to allow the implementation of its full products and services range.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">CEO of <a href=\"https:\/\/valu.team\" target=\"_blank\" rel=\"noopener\">valU<\/a>, Walid Hassouna, said: &#8220;We are thrilled to bring Valu&#8217;s innovative solutions to Jordan. The decision to expand into Jordan aligns perfectly with our strategy of prioritising markets with plug-and-play market dynamics.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">&#8220;With our experienced team and strong partnerships with local merchants, we are confident in our ability to deliver unparalleled value and reshape the financial technology landscape in Jordan.&#8221;\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">valU\u00a0is currently applying for a license from the Central Bank of Jordan<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">By extending its footprint to Jordan, valU strives to solidify its position in the Mena region, while supporting economic growth and enabling individuals and businesses in the region.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Launched in 2017, the fintech\u00a0is a financial technology provider, offering a suite of services to individuals and businesses.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At the beginning of the year, valU\u00a0forged\u00a0<\/span><span data-preserver-spaces=\"true\">a partnership with Sympl<\/span><span data-preserver-spaces=\"true\">\u00a0to enable its customers to pay with interest-free, three-month payment plans across retail partners and merchants.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In 2022, val<\/span><u><span data-preserver-spaces=\"true\">U<\/span><\/u><span data-preserver-spaces=\"true\">\u00a0acquired 100 per cent of the stakes of Paynas company, which offers financial services to micro, small, and medium enterprises in Egypt.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u00a0&#8220;We are constantly setting the curve and revolutionising the financial technology industry, one step at a time,&#8221; added Mr Hassouna.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">&#8220;valU&#8217;s unwavering commitment to profitability has yielded impressive results over the past four years, and we intend to maintain this trajectory moving forward.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cairo-based fintech platform valU\u00a0has set out to enter Jordan at the beginning of 2024 as part of its strategy to capitalising on markets with favourable dynamics<\/p>\n","protected":false},"author":40,"featured_media":18262,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[154,1],"tags":[3973,4649,4107],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24286"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=24286"}],"version-history":[{"count":3,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24286\/revisions"}],"predecessor-version":[{"id":24289,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24286\/revisions\/24289"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/18262"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=24286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=24286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=24286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}