Monday 16/February/2026 – 01:36 PM
Today, the company announcedValeo», the leading platform for financial services technology in Egypt, announced the launch of the latest instant financing solutions through its electronic application; With amounts starting from one million pounds using the national ID card only; Supported by an advanced system for evaluating creditworthiness and granting instant approvals without the need for additional documents.
“Valeo” launches the latest instant financing solutions through its electronic application
These solutions are designed to meet customer expectations; Starting from finishing and renovating homes, in addition to paying school and university fees, all the way to financing the purchase of new and used cars.
Through this step, Valeo aims to expand access to credit services to include self-employed people, well-off clients, and segments that do not have sufficient financing coverage as a result of the nature of their income or business structures not being compatible with the usual requirements and documents required by banks.
The launch of this service comes to facilitate customers’ access to high-value consumer financing, away from the complications of long approval cycles, numerous paper procedures, and income verification requirements, as well as field inspections that may take days or weeks. These challenges often delay purchases and renewals, even shutting out a large segment of potential borrowers from the market. Hence, the new service aims to reduce these obstacles by providing instant credit approvals without the need to prove income, or conduct an inspection of the residence or work place. This ensures customers quick access to financing, and gives them greater flexibility to make their purchasing decisions and implement their plans with complete confidence.
In this context, Mustafa Al-Sahn, Head of the Risk Sector at Valeo, stated that the new solutions are designed to facilitate and accelerate the pace of obtaining consumer financing with high values. Al-Sahn explained that financing applications require only the submission of a national ID card, and an independent evaluation of the asset being financed. Pointing out that Valeo has succeeded in integrating the criteria for assessing income and proactive risks, determining down payments, and risk-based pricing into one working mechanism. Moreover, Al-Sahn confirmed the effectiveness of this system, which allows the issuance of instantaneous approvals that previously required lengthy and intensive examination procedures, explaining that this system not only enhances transparency and speed of access to services, but also ensures making informed credit decisions that support the sustainability of the performance of the financing portfolio in the long term.
Al-Sahn added that the launch of this service comes in response to the rise in asset prices the market is witnessing and the increasing need for immediate financing solutions with high values, which reinforces the importance of providing responsible financing mechanisms and objective evaluation criteria. To ensure the soundness of financing decisions, the assets being financed are subject to an independent evaluation process to ensure that the facilities granted are consistent with the real market value, away from the prices estimated by merchants. The service also adopts a flexible system to determine prices and down payments according to the credit file of each customer. Credit facilities are granted according to fixed-term payment plans, allowing customers to pay their debts in fixed monthly installments and a clear view of the receivables schedule.
This experience is not limited to financing only, but extends to providing an integrated digital system for customers. Valeo developed its application by integrating the instant payment feature on Shop’IT, a feature that was recently launched to enable customers to complete entire purchase transactions directly from within the application. Thus, customers get a fast and unified payment experience without the need to move to other platforms, with the ability to explore a variety of stores and offers, and complete payments very smoothly, as well as enjoy the benefit of cash back on every transaction. This gives them an easier and more advantageous shopping experience.
In addition, Valeo has launched an integrated help center within the application, which allows customers to submit inquiries, complaints and service requests directly, and follow up on their status in real time without the need to contact the customer service center. This step comes to simplify technical support mechanisms, and give users greater independence in managing their transactions, within a unified and comprehensive digital interface that meets all their needs.
In addition, customers who pay using a Valeo prepaid card, charged by any means other than the Valeo limit, can recover the amount paid in cash via “Shaqlabaz”, with the ability to pay it according to a payment plan of up to 60 months, without the need to submit an invoice.
Omar Abdel Hadi, Head of Development and Products at Valeo, commented: “At Valeo, we are focused on completely digitizing our products and services, to create an integrated digital experience that gives customers complete control over their experience. The instant payment feature on Shop’IT, the in-app help center, and the new feature in “Shaqlabaz” reflect our commitment to simplifying financial interactions and making products, daily transactions and support seamless within the Valeo ecosystem.”
