ValU, a leading provider of financial services and MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling FinTech platform, announced that it has partnered with Sympl, a cutting-edge provider of buy now, pay later (BNPL) plans, to offer short-term BNPL options to its customers.
Following this partnership, ValU customers will have the ability to purchase goods and services with the option to pay for them in installments over a shorter period of time. The new BNPL plans, which range from 3 to 12 months, will allow customers to budget their expenses more effectively and make larger purchases without putting a strain on their finances. By bringing back valU’s renowned three-month tenure and the “Hattrick” product powered by Sympl, as well as utilising Sympl’s short-term interest-free plan across a varied network of partners, the partnership is expected to further enhance valU’s platform.
“This partnership is a key example of how we embody and promote cooperation in the fintech sector at valU. The partnership does not only aim to enhance valU and Sympl’s platforms but also to set an example for others in the market to follow suit and work toward a common goal of empowering consumers. We provide people of different income levels in Egypt with the tools and access to finance they need to live better lives and drive sustainable change in the communities in which we all live and work. We are no strangers to the founders of Sympl, and I am excited to be working with such an exceptional team of individuals again to further drive the growth of the BNPL market in Egypt”, said valU’s Chief Executive Officer Walid Hassouna.
The new BNPL plans will be available to ValU customers immediately and can be accessed through the ValU app or online platform. Customers will be able to choose from a variety of merchants and products and will have the flexibility to make their payments on a schedule that works best for them.
ValU and Sympl are confident that this partnership will be a success and are looking forward to helping customers achieve financial freedom through the short-term BNPL plans. It is also anticipated that this partnership will pave the way for more similar collaborations in the near future. This is a game changer for those who have been looking for a flexible and affordable way to purchase the things they need. The partnership is expected to bring many more exciting options for customers in the future.