Cairo - Sharikat Mubasher: Valu, the leading fintech powerhouse in the Middle East and North Africa (MENA) region, signed a cooperation agreement with Flash, a fintech company providing cashless payment solutions, to offer QR code-based payment solutions in Egypt.

This agreement aims to streamline transactions and improve convenience for customers and merchants, the company announced in a statement.

Through this collaboration, Flash's merchants will be able to offer Valu as a payment solution, while Valu customers can conveniently pay for shipments and online orders through Flash.

Motaz Lotfy, Business Development and Strategic Partnerships Senior Director at Valu, affirmed that the partnership reflects the company’s dedication to improving digital payment solutions in Egypt and enhancing customers’ cashless payment experiences.

He noted that the partnership aims to help merchants reduce collection costs, and aligns with Valu’s commitment to empowering customers and merchants to have a seamless financial experience.

On her part, Sherine Kabesh, Co-founder of Flash, said that the collaboration with Valu will enable the company to provide advanced and flexible payment plans.

She noted that Flash focuses on helping customer manage their expenses by providing more digital and cashless payment solutions.

Valu provides customizable financing plans for up to 60 months across more than 6,500 points of sale and over 2,000 websites and applications, covering various categories, including home appliances, electronics, residential solar solutions, healthcare, education, travel, and fashion.