Egyptian Fintech Valu Plans IPO As African Startups Eye Public Markets

Valu, a leading Egyptian fintech company, is set to list up to 25% of its shares on the Egyptian Exchange (EGX) within the next year, joining a rising number of African startups looking to public markets for growth and investor trust.

Since its launch in 2017, Valu has evolved from offering Buy-Now, Pay-Later (BNPL) services into a full-service fintech platform. Operating across more than 32,000 points of sale, the company has facilitated 7.8 million transactions and claims approximately 24% of Egypt’s consumer finance market. With over three million app downloads and thousands of retail and online partnerships, Valu has built a strong presence in Egypt’s digital finance space.

IPO Aims to Fuel Growth and Attract Investment

The planned IPO is designed to support Valu’s long-term growth strategy by boosting its capital base and improving market visibility. The listing is also expected to strengthen corporate governance and align the company with global best practices, positioning it to attract a broader pool of investors. By going public, Valu seeks to cement its leadership in Egypt’s fintech market while paving the way for future expansion.

African Fintech Gain Momentum on Public Markets

Valu’s listing reflects a broader trend of African fintech companies leveraging public markets to access capital and scale operations. As fintech adoption grows across the continent, more startups are considering IPOs to deepen investor engagement, enhance liquidity, and offer local ownership opportunities. This shift signals the increasing maturity of Africa’s digital finance sector and highlights the continent’s potential for sustained fintech growth.