{"id":622081,"date":"2018-11-26T04:10:53","date_gmt":"2018-11-26T04:10:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/hermes-valu-to-launch-new-installment-scheme-for-swvl-drivers-soon\/"},"modified":"2018-11-26T04:10:53","modified_gmt":"2018-11-26T04:10:53","slug":"hermes-valu-to-launch-new-installment-scheme-for-swvl-drivers-soon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/hermes-valu-to-launch-new-installment-scheme-for-swvl-drivers-soon\/","title":{"rendered":"Hermes\u2019 ValU to launch new installment scheme for Swvl drivers soon"},"content":{"rendered":"<p>EFG Hermes\u2019 ValU, which offers payment-on-installment solutions via a mobile app, is cooperating with mass transit app Swvl to soon provide installment plans for drivers to purchase vehicles under a new scheme endorsed by the Investment Ministry, EFG Hermes Finance <a href=\"https:\/\/almalnews.com\/Story\/399964\/11\/%C2%AB%D9%81%D8%A7%D9%84%D9%8A%D9%88%C2%BB-%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%82%D8%AF-%D9%85%D8%B9-%C2%AB%D8%B3%D9%88%D9%8A%D9%81%D9%84%C2%BB-%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%86%D9%82%D9%84-%D8%A7%D9%84%D8%AC%D9%85%D8%A7%D8%B9%D9%89\">CEO Walid Hassouna told Al Mal<\/a>. An agreement between the two sides is expected to be signed in the first week of December, Hassouna said. Hermes\u2019 ValU platform <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/04\/aib-and-valu-sign-agreement-to-provide-discounted-loans-to-uber-drivers\/\">earlier this year<\/a>signed a similar agreement with Uber in cooperation with the Arab Investment Bank (AIB).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EFG Hermes\u2019 ValU, which offers payment-on-installment solutions via a mobile app, is cooperating with mass transit app Swvl to soon provide installment plans for drivers to purchase vehicles under a new scheme endorsed by the Investment Ministry, EFG Hermes Finance CEO Walid Hassouna told Al Mal. An agreement between the two sides is expected to [&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":[9298],"tags":[2372,84,72,507,515],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622081","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-efg-hermes","tag-enterpriseam","tag-swvl","tag-valu","wpautop","entry"],"acf":{"mongo_id":"2cb91e47-e334-4bc3-872e-19d5181fbd90","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Hermes\u2019 ValU to launch new installment scheme for Swvl drivers soon","related_issue":[622049],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.9077ca14-5cd8-4502-ab86-16e91e241735.mp3"},"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>Hermes\u2019 ValU to launch new installment scheme for Swvl drivers soon - 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\/2018\/11\/26\/hermes-valu-to-launch-new-installment-scheme-for-swvl-drivers-soon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hermes\u2019 ValU to launch new installment scheme for Swvl drivers soon\" \/>\n<meta property=\"og:description\" content=\"EFG Hermes\u2019 ValU, which offers payment-on-installment solutions via a mobile app, is cooperating with mass transit app Swvl to soon provide installment plans for drivers to purchase vehicles under a new scheme endorsed by the Investment Ministry, EFG Hermes Finance CEO Walid Hassouna told Al Mal. An agreement between the two sides is expected to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/hermes-valu-to-launch-new-installment-scheme-for-swvl-drivers-soon\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-26T04:10:53+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/hermes-valu-to-launch-new-installment-scheme-for-swvl-drivers-soon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/hermes-valu-to-launch-new-installment-scheme-for-swvl-drivers-soon\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Hermes\u2019 ValU to launch new installment scheme for Swvl drivers soon\",\"datePublished\":\"2018-11-26T04:10:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/hermes-valu-to-launch-new-installment-scheme-for-swvl-drivers-soon\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EFG Hermes\",\"EnterpriseAM\",\"Swvl\",\"ValU\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/hermes-valu-to-launch-new-installment-scheme-for-swvl-drivers-soon\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/hermes-valu-to-launch-new-installment-scheme-for-swvl-drivers-soon\/\",\"name\":\"Hermes\u2019 ValU to launch new installment scheme for Swvl drivers soon - 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No details were provided on the amount of funding SFD will\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596325,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/25\/valu-signs-contract-with-insurance-company-for-auto-insurance-installment-plans\/","url_meta":{"origin":622081,"position":1},"title":"Valu signs contract with insurance company for auto insurance installment plans","author":"enterpriseam admin","date":"25 August 2019","format":false,"excerpt":"EFG Hermes\u2019 fintech subsidiary Valu has signed a contract with an insurance company to feature its car insurance installment plan on the app, CEO Walid Hassouna told the local press without naming the company. Valu users will be able to pay for the insurance in 12 installments over the course\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635892,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/efg-launches-payment-on-installment-solution\/","url_meta":{"origin":622081,"position":2},"title":"EFG launches payment-on-installment solution","author":"enterpriseam admin","date":"17 December 2017","format":false,"excerpt":"Our friends at EFG Hermes have vaulted into the fintech space with a consumer finance solution. The firm\u2019s ValU brand will offer Egyptian consumers a payment-on-installment program via a mobile app. ValU, which will be debut in January, gives clients \u201caccess to tailored instalment programs to shop across a wide\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/12\/493.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569675,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/efg-hermes-valu-partners-with-payfort-to-offer-installment-option-for-e-commerce\/","url_meta":{"origin":622081,"position":3},"title":"EFG Hermes\u2019 ValU partners with PayFort to offer installment option for e-commerce","author":"enterpriseam admin","date":"3 March 2020","format":false,"excerpt":"EFG Hermes\u2019 installment payment solutions app ValU has partnered with Amazon\u2019s PayFort to offer payment plans to e-commerce stores and Egyptian online shoppers, according to Startup Magazine. The new service provides valU customers with installment options of up to 60 months for their online purchases. The service will be rolled\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624502,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/efg-hermes-eyes-expansion-across-different-platforms\/","url_meta":{"origin":622081,"position":4},"title":"EFG Hermes eyes expansion across different platforms","author":"enterpriseam admin","date":"10 September 2018","format":false,"excerpt":"EFG Hermes\u2019 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\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578146,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/18\/efg-hermes-valu-sets-aside-usd-25-mn-to-expand-through-ma-new-products\/","url_meta":{"origin":622081,"position":5},"title":"EFG Hermes\u2019 valU sets aside USD 25 mn to expand through M&#038;A + new products","author":"enterpriseam admin","date":"18 December 2022","format":false,"excerpt":"valU to spend USD 25 mn on regional + product expansion: EFG Hermes\u2019 buy-now-pay-later platform valU expects to invest some USD 25 mn to complete its expansion to Saudi Arabia and roll out new products in early 2023, valU CEO Walid Hassouna told Zawya.REFRESHER- valU signed a sale and purchase\u2026","rel":"","context":"In &quot;NON-BANKING FINANCIAL SERVICES&quot;","block_context":{"text":"NON-BANKING FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/non-banking-financial-services\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/355.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\/622081","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=622081"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622081\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622049"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622081"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622081"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}