{"id":550479,"date":"2022-10-30T04:00:43","date_gmt":"2022-10-30T04:00:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/"},"modified":"2022-10-30T04:00:43","modified_gmt":"2022-10-30T04:00:43","slug":"valu-aibank-to-provide-finance-to-sylndr-customers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/","title":{"rendered":"valU + aiBANK to provide finance to Sylndr customers"},"content":{"rendered":"<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong> valU and aiBANK are providing finance options to customers of Sylndr, a group of companies are exploring LNG bunkering in Egypt, and the UK\u2019s charities watchdog has launched an investigation into the British School of Alexandria.<\/p>\n<p><strong>Here\u2019s the rundown:<\/strong><\/p>\n<ul>\n<li>EFG Hermes\u2019 BNPL platform <strong>valU<\/strong> and <strong>aiBANK<\/strong> will offer customers of online used-car retailer <strong>Sylndr<\/strong> financing solutions. Under the partnership, Sylndr customers can pay for their used cars with valU\u2019s 6-60 month installment plans. (<a href=\"https:\/\/ent.news\/2022\/10\/valU-x-aiBANK-x-Sylndr-English.pdf\">Statement, pdf<\/a>)<\/li>\n<li>UAE pharma distributor and supplier <strong><a href=\"http:\/\/www.unimed.ae\/\">Unimed<\/a><\/strong> will be the <strong>authorized dealer<\/strong> for Egyptian pharma company<strong> Wadi El Neel Benta\u2019<\/strong>s (<a href=\"https:\/\/www.wnb-eg.com\/\">WNB<\/a>) products in the <strong>UAE<\/strong>. (<a href=\"https:\/\/bit.ly\/3zpHrNq\">Statement<\/a>)<\/li>\n<li><strong>EGAS<\/strong> signed a letter of intent with <strong>Shell<\/strong>, <strong>Pyramid Navigation<\/strong>, <strong>Infinity<\/strong> and <strong>Eagle Gas<\/strong> to explore LNG bunkering. The Suez Canal Economic Zone wants to start providing bunkering services to ships <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b7da0282-38c4-46fc-89c8-659b6fbe9097\">from 1Q 2023<\/a>. (<a href=\"https:\/\/bit.ly\/3gWrYOs\">Oil Ministry statement<\/a>)<\/li>\n<li>Saudi aviation fuel supplier <strong><a href=\"https:\/\/www.apsco.com.sa\/\">Arabian Petroleum Supply Company (APSCO)<\/a><\/strong> is looking to invest in refueling services at all Egyptian airports, starting with <strong>Cairo International Airport<\/strong>. (<a href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/pfbid0d8tdYzLmkMKCPqVYoG7dhqf3EwcozKZ2if8k6ysdkgcbBHu3iGf8jCjTdY1sBQFGl\">Statement<\/a>)<\/li>\n<li>The <strong>UK\u2019s charity watchdog<\/strong> has launched an <strong>inquiry <\/strong>into the <strong><a href=\"https:\/\/www.bsalex.net\/\">British School of<\/a><\/strong><strong><a href=\"https:\/\/www.bsalex.net\/\">Alexandria<\/a><\/strong> after it failed to open its accounts to the regulator. (<a href=\"https:\/\/www.gov.uk\/government\/news\/regulator-launches-inquiry-into-british-school-operating-in-egypt\">Statement<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Other things we\u2019re keeping an eye on this morning: valU and aiBANK are providing finance options to customers of Sylndr, a group of companies are exploring LNG bunkering in Egypt, and the UK\u2019s charities watchdog has launched an investigation into the British School of Alexandria. Here\u2019s the rundown: EFG Hermes\u2019 BNPL platform valU and aiBANK [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,2596,514,73,72,219,1936,90,112,2597,515,2598],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-550479","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-british-school-of-alexandria","tag-consumer-finance","tag-education","tag-enterpriseam","tag-saudi-arabia","tag-sylndr","tag-uae","tag-uk","tag-unimed","tag-valu","tag-wadi-el-neel-benta","wpautop","entry"],"acf":{"mongo_id":"e3a57c3e-5821-45fd-91e3-015380f3d3aa","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[550462],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>valU + aiBANK to provide finance to Sylndr customers - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"valU + aiBANK to provide finance to Sylndr customers\" \/>\n<meta property=\"og:description\" content=\"Other things we\u2019re keeping an eye on this morning: valU and aiBANK are providing finance options to customers of Sylndr, a group of companies are exploring LNG bunkering in Egypt, and the UK\u2019s charities watchdog has launched an investigation into the British School of Alexandria. Here\u2019s the rundown: EFG Hermes\u2019 BNPL platform valU and aiBANK [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-30T04:00:43+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"valU + aiBANK to provide finance to Sylndr customers\",\"datePublished\":\"2022-10-30T04:00:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/\"},\"wordCount\":210,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"British School of Alexandria\",\"consumer finance\",\"Education\",\"EnterpriseAM\",\"Saudi Arabia\",\"Sylndr\",\"UAE\",\"UK\",\"Unimed\",\"ValU\",\"Wadi El Neel Benta\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/\",\"name\":\"valU + aiBANK to provide finance to Sylndr customers - 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Here\u2019s the rundown: EFG Hermes\u2019 BNPL platform valU and aiBANK [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-10-30T04:00:43+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"valU + aiBANK to provide finance to Sylndr customers","datePublished":"2022-10-30T04:00:43+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/"},"wordCount":210,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["ALSO ON OUR RADAR","British School of Alexandria","consumer finance","Education","EnterpriseAM","Saudi Arabia","Sylndr","UAE","UK","Unimed","ValU","Wadi El Neel Benta"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/valu-aibank-to-provide-finance-to-sylndr-customers\/","name":"valU + aiBANK to provide finance to Sylndr customers - 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Other participants in the round included Algebra Ventures, Nuwa Capital, 1984 Ventures, Global Founders Capital, and regional and international angel investors.That\u2019s a huge raise for\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/319.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":614008,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/24\/aibank-and-valu-roll-out-new-co-branded-credit-card-plus-sidpecs-net-income-doubles-in-2023-cira-absorbs-three-subsidiaries\/","url_meta":{"origin":550479,"position":3},"title":"aiBank and Valu roll out new co-branded credit card. PLUS: Sidpec\u2019s net income doubles in 2023, CIRA absorbs three subsidiaries","author":"enterpriseam admin","date":"24 January 2024","format":false,"excerpt":"The card\u2019s features include 1% cashback on food, beverages, and fuel.","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2097.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":551392,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/meet-our-founder-of-the-week-sylndrs-omar-el-defrawy\/","url_meta":{"origin":550479,"position":4},"title":"Meet our founder of the week: Sylndr\u2019s Omar El Defrawy","author":"enterpriseam admin","date":"14 June 2022","format":false,"excerpt":"OUR FOUNDER OF THE WEEK- Omar El Defrawy, co-founder and CEO of Sylndr (LinkedIn).My name is Omar El Defrawy, and I\u2019m the CEO and co-founder of Sylndr. I started my professional career as an intern in the Central Bank of Egypt\u2019s reserve management department, then went on to work in\u2026","rel":"","context":"In &quot;Founder of the Week&quot;","block_context":{"text":"Founder of the Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/founder-of-the-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/437.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":583932,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/22\/valu-issues-egp-856-5-mn-in-securitized-bonds\/","url_meta":{"origin":550479,"position":5},"title":"valU issues EGP 856.5 mn in securitized bonds","author":"enterpriseam admin","date":"22 March 2023","format":false,"excerpt":"Total value of securitized debt taken to market is up 5% y-o-y so far this year","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/335.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=550479"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550479\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/550462"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=550479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=550479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=550479"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=550479"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=550479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}