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Alameda Healthcare Group taps Valu to offer BNPL option to patients

By Gloria Methri

June 18, 2024

  • Alameda Healthcare Group
  • Buy Now Pay Later (BNPL)
  • Digital Payments

Valu, Alameda Healthcare Group, Islamic banking solutions, digital payments, FinTech news, FinTech MENAValu, MENA’s lifestyle-enabling FinTech platform, has collaborated with Alameda Healthcare Group to offer patients flexible payment and installment plans. The partnership will provide patients with immediate access to quality medical services by utilizing Valu’s flexible payment plans, which offer payment periods of up to 60 months.

Valu customers can now finance a wide range of inpatient and outpatient services at Alameda Healthcare Group’s two tertiary care hospital brands, Dar Al Fouad and As-Salam International; its specialized gastroenterology and liver care centre, Elixir Gastro and Liver Care Center; its physiotherapy and rehabilitation clinic, German Rehabilitation Center; and general healthcare clinics, Tabibi, where patients can utilize the full range of their Valu spending limit.

“Having already inked various partnerships with multiple leaders in the healthcare space, our partnership with Alameda Healthcare Group reflects our continued commitment to making quality healthcare accessible for all,” said Motaz Lotfy, Business Development and Strategic Partnerships Senior Director of Valu. “We have identified the best physicians and medical technologies, and we want to ensure our customers can tap into quality healthcare without worrying about the financial burden of paying the immediate upfront costs for that care. Our platform’s flexible payment plans will empower patients to seek quality care with peace of mind.”

“We are excited to announce our partnership with Valu to offer our patients flexible payment options that support healthcare providers and patients throughout their journeys within the Alameda Healthcare Group,” stated Eslam Edris, Chief Marketing Officer of Alameda Healthcare Group.

Since its inception at the end of 2017, Valu has introduced several innovative offerings as part of its strategy to improve people’s quality of life and contribute to promoting financial inclusion across the country.

Under its product universe, Valu launched Buy-Now, Pay-Later (BNPL) solutions in the MENA region through U and its newly introduced high-value purchases financing product, Ulter. Valu also offers investment products, an instant cash redemption program, savings solutions, and a financing solution to facilitate the purchase of big-ticket items in the luxury space and e-gift cards. In addition, it offers business-to-business solutions through Valu Business. The firm has also recently introduced its prepaid card and its credit card in collaboration with Visa.

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