valU and Infinity Partner to Offer Installment Plans for Electric Vehicle Chargers
valU, Egypt’s leading consumer finance platform, has signed a strategic partnership agreement with Infinity, Africa’s largest renewable energy company and a key provider of electric vehicle (EV) charging solutions, to introduce flexible payment options for financing home EV chargers and public charging sessions. The partnership was announced on the sidelines of the Egypt International Electric Mobility Summit “EVs Electrify!”, scheduled to take place from December 18 to 20 at the Egypt International Exhibition Center in New Cairo.
The collaboration aims to encourage the adoption of electric vehicles and support the growing demand for sustainable mobility solutions in Egypt. Infinity currently operates the country’s largest EV charging network, comprising more than 250 charging stations and over 850 charging points across 18 governorates, positioning it at the forefront of Egypt’s electric mobility ecosystem.
Through this partnership, valU reinforces its commitment to expanding innovative financial solutions that promote sustainable practices, particularly within the rapidly growing green transportation sector. valU will offer a wide range of tailored financing products with flexible repayment plans designed to ease the financial burden on customers, enabling them to purchase home EV chargers and pay for charging sessions with greater convenience.
Infinity provides advanced and reliable EV charging solutions, allowing vehicle owners to benefit from convenient home-charging options. As part of the exclusive buy-now-pay-later partnership with valU, customers will be able to access special offers on home chargers with zero interest, no purchase fees, and no down payment, over a six-month repayment period.
In addition, valU customers will have the option to pay for public charging sessions via the InfinityEV App using Spark IT, allowing payments to be settled over the course of a full month at no additional cost. Customers will also benefit from a 20 percent cashback offer on all charging session transactions for periods starting from six months.
During the event, valU will also reward the customer with the highest financing value with the opportunity to win a trip to attend the Egypt vs. Belgium match at the World Cup. Moreover, electric vehicle exhibitors participating in the summit will be eligible for a special offer featuring a fixed annual interest rate of 9 percent on transactions conducted through valU Shift.
Commenting on the partnership, Shams Abdel Ghaffar, Managing Director of Infinity EV, said the collaboration reflects the shared vision of both companies to advance sustainable transportation in Egypt by providing flexible financial services that support the adoption of innovative technological solutions. He added that the partnership aims to empower environmentally conscious customers to own electric vehicles and accelerate the nationwide transition toward more sustainable mobility solutions.
For his part, Walid Hassouna, Chief Executive Officer of valU, reaffirmed the company’s commitment to building on its existing partnerships within Egypt’s renewable energy sector to deliver customer-centric solutions that align with the country’s sustainability goals. He noted that the collaboration with Infinity is designed to offer flexible financing solutions for the EV sector, enabling a broader segment of consumers to shift toward electric mobility. Hassouna emphasized that the partnership is fully aligned with valU’s strategy to promote sustainable lifestyles through fast, innovative, and easily accessible financial solutions.