{"id":624502,"date":"2018-09-10T04:16:47","date_gmt":"2018-09-10T04:16:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/efg-hermes-eyes-expansion-across-different-platforms\/"},"modified":"2018-09-10T04:16:47","modified_gmt":"2018-09-10T04:16:47","slug":"efg-hermes-eyes-expansion-across-different-platforms","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/efg-hermes-eyes-expansion-across-different-platforms\/","title":{"rendered":"EFG Hermes eyes expansion across different platforms"},"content":{"rendered":"

EFG Hermes\u2019 ValU, which offers payment-on-installment solutions<\/a> 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<\/a>. 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<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 four companies this year worth […]<\/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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-624502","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"07eddb54-b6ad-4676-9464-c85a5118ccd5","order":"0","is_powered_by":true,"section_story_id":"33eb3261-5367-4a3f-a1c6-d4ba17180c7f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[624467],"teaser":"","voice_url":""},"yoast_head":"\nEFG Hermes eyes expansion across different platforms - 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\/09\/10\/efg-hermes-eyes-expansion-across-different-platforms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFG Hermes eyes expansion across different platforms\" \/>\n<meta property=\"og:description\" content=\"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. 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CIB and Banque Misr will sign on as guarantors of the issuance, he added. The move is part of a securitized bond issuance\u2026","rel":"","context":"In "Banking + Finance"","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":604920,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/efg-hermes-ceo-walid-hassouna-joins-karmsolars-board\/","url_meta":{"origin":624502,"position":1},"title":"EFG Hermes\u2019 CEO Walid Hassouna joins KarmSolar\u2019s board","author":"enterpriseam admin","date":"17 December 2018","format":false,"excerpt":"MOVES- EFG Hermes Finance CEO Walid Hassouna and market expert Nadia Ellozy have joined KarmSolar\u2019s board of directors,the company said in a press release (pdf).","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622081,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/hermes-valu-to-launch-new-installment-scheme-for-swvl-drivers-soon\/","url_meta":{"origin":624502,"position":2},"title":"Hermes\u2019 ValU to launch new installment scheme for Swvl drivers soon","author":"enterpriseam admin","date":"26 November 2018","format":false,"excerpt":"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\u2026","rel":"","context":"In "Banking + Finance"","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":604585,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/valu-to-extend-its-services-to-more-online-shoppers-in-egypt\/","url_meta":{"origin":624502,"position":3},"title":"valU to extend its services to more online shoppers in Egypt","author":"enterpriseam admin","date":"6 December 2018","format":false,"excerpt":"EFG Hermes Finance\u2019s valU is in talks with six e-commerce companies to extend its payment-on-instalment services to more online shoppers, EFG Finance CEO Walid Hassouna said, according to Al Mal. The company expects items purchased online to account for 10% of next year\u2019s sales. He added that the company was\u2026","rel":"","context":"In "Banking + Finance"","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":604431,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/hermes-valu-starts-red-sea-pilot-run\/","url_meta":{"origin":624502,"position":4},"title":"Hermes\u2019 valU starts Red Sea pilot run","author":"enterpriseam admin","date":"3 December 2018","format":false,"excerpt":"EFG Hermes\u2019 valU, which offers payment-on-instalment services via a mobile app, has begun operating in Hurghada on a trial basis, EFG Finance CEO Walid Hassouna said, according to Al Mal. valU is currently available in 1000 stores across three governorates in Egypt.","rel":"","context":"In "Banking + Finance"","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":624502,"position":5},"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. 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