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Symbol VALU
Name Value Line, Inc.
Currency USD
Sector Financials
IndustryGroup Diversified Financials
Industry Capital Markets
Market NASDAQ Global Select
Country United States
State NY
City New York
Zipcode 10176-0001
Website http://www.valueline.com

fintech boom in mena drives innovation and investment in 2024

Valu, Egypt's leading financial super-app, boasts over 700,000 active users and has launched co-branded credit and prepaid cards, achieving 1.2 million transactions in a year. The fintech ecosystem is expanding with new products like Ulter and Shift, alongside a growing merchant network of 7,000 retailers and 2,000 online stores. In the MENA region, fintech is evolving beyond payments and lending, with a focus on wealth management and AI-driven services, while companies like MyFatoorah and MNT-Halan are making significant strides in payment solutions and lending, respectively.

fintech revolution in mena accelerates with record funding and innovative startups

Binance has secured a historic $2 billion investment from UAE-based MGX, highlighting the fintech boom in the MENA region, where 119 startups raised $700 million in 2024. Key players like Tabby, Fawry, and Rasan are leading the charge, with significant growth in digital payments, BNPL services, and insurtech, setting new benchmarks in the financial technology landscape. The future looks promising, with expectations of more unicorns and cross-border expansions as MENA solidifies its status as a fintech hub.

fintech revolution in mena drives growth and innovation in 2024

Valu has emerged as Egypt's leading financial super-app, boasting over 700,000 active users and launching co-branded credit and prepaid cards that achieved 1.2 million transactions in a year. The fintech ecosystem is expanding with new products like Ulter and Shift, alongside a growing merchant network of 7,000 retailers and 2,000 online stores.In the MENA region, fintech is evolving beyond payments and lending, with a focus on wealth management and AI-driven services. Companies like MyFatoorah and MNT-Halan are making significant strides, while cross-border expansion is anticipated, positioning the region for a robust future in the global fintech landscape.

emerging digital wealth and investment apps transforming egypt's financial landscape

Egypt's fintech sector is rapidly evolving, with over 170 companies enhancing financial inclusion through innovative digital wealth management and investment platforms. Key players include Thndr, Azinvest, Bokra, Valu, and Fawry, each offering unique services that empower users to invest and manage their finances effectively. Thndr, for instance, has surpassed 3 million downloads and processed $1.8 billion in trading volume, while Fawry has expanded its offerings to include a tax-free investment fund, highlighting the growing intersection of digital payments and investment solutions in the region.
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