{"id":587085,"date":"2023-05-22T00:00:00","date_gmt":"2023-05-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/22\/partment-users-can-now-access-payment-plans-via-valu\/"},"modified":"2023-05-22T00:00:00","modified_gmt":"2023-05-22T00:00:00","slug":"partment-users-can-now-access-payment-plans-via-valu","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/22\/partment-users-can-now-access-payment-plans-via-valu\/","title":{"rendered":"Partment users can now access payment plans via valU"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><\/span><span style=\"font-weight:700\"> valU to offer Partment users financing solutions: <\/span><span style=\"\">EFG Hermes\u2019 valU has <\/span><span>partnered with proptech startup Partment to offer its users flexible payment plans up to 60 months, the two companies said in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/1174.pdf\" style=\"\">a joint statement (pdf)<\/a><\/span><span> yesterday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">REMEMBER- <\/span><span>Partment is an online platform that allows people to purchase shares in a second home with up to seven other people. The company allocates each owner a quota of days to use the property and handles the management and maintenance. The startup <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/722ec29f-fba2-4802-9e40-751975d5d32e\" style=\"\">secured USD 1.5 mn<\/a><\/span><span style=\"font-weight:400;\"> in a pre-seed round late last year.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What they said: <\/span><span>\u201cAs the Egyptian real estate market continues to witness price hikes due to rising inflationary pressures, buy-now, pay-later (BNPL) services continue to grow in demand \u2026 valU and Partment have come together to provide the public with inclusive financing solutions that enable them to serve on their investments in real estate and benefit from potential returns on their investment,\u201d said valU head of production Ahmed Seoudy.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Partment is an online platform that allows people to purchase shares in a second home<\/p>\n","protected":false},"author":1,"featured_media":587086,"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":[8022],"tags":[514,72,7087,183,595,83,95,515],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-587085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nbfs","tag-consumer-finance","tag-enterpriseam","tag-finance","tag-fintech","tag-non-banking-financial-services","tag-real-estate","tag-startup-watch","tag-valu","wpautop","entry"],"acf":{"mongo_id":"8ee2cb18-ba4a-4b38-a721-fa2495db5876","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/5\/1216.jpg","photo_position":"above","homepage_title":"","full_issue_title":"valU partners with Egyptian proptech startup Partment to offer users financing solutions","related_issue":[587073],"teaser":"Partment is an online platform that allows people to purchase shares in a second home","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.5b0696fb-0f2a-4927-ba3e-ca3dee67bf80.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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PLUS: News from Visa, Valu, and Partment.","author":"enterpriseam admin","date":"5 December 2023","format":false,"excerpt":"DEBT- Al Baraka lines up shariah-compliant financing from IFC: The International Finance Corporation (IFC) has agreed to lend USD 50 mn in sharia-compliant financing to Al Baraka Bank Egyptto finance MSMEs, the multilateral lender said yesterday. 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Partment helps people co-own second homes: Launched earlier this year by Nadim Nagui\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\/9\/412.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587123,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/22\/this-evening-eu-privacy-regulator-hands-down-record-usd-1-3-bn-fine-to-meta\/","url_meta":{"origin":587085,"position":2},"title":"THIS EVENING: EU privacy regulator hands down record USD 1.3 bn fine to Meta","author":"enterpriseam admin","date":"22 May 2023","format":false,"excerpt":"Good morning, ladies and gentlemen. It\u2019s an extremely rare occurrence when the news cycle is this slow, but it\u2019s just one of those days when we don\u2019t even have a story that we can earnestly tell you is a \u201cbig story\u201d so far. 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