EFG Hermes eyes expansion across different platforms

EFG Hermes’ ValU, which offers payment-on-installment solutions via a mobile app, is hoping to expand its operations by signing on 50 new companies and 100 additional stores this year, EFG Finance CEO Walid Hassouna said, Al Mal reports. On a related note, EFG is also working on securing loans for four companies this year worth a collective EGP 4 bn, Hassouna also said.