Fintech
Alameda Healthcare Group uses Valu to offer BNPL option to patients
By Gloria Methri
June 18, 2024
- Alameda Health Group
- Buy Now, Pay Later (BNPL)
- Digital payments
Val, MENA’s lifestyle-enhancing FinTech platform, has partnered with Alameda Healthcare Group to offer patients flexible payment and installment plans. The partnership will provide patients with immediate access to quality medical services using Valu flexible payment plans, which offer payment periods of up to 60 months.
Valu customers can now finance a broad 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 center for gastroenterology and liver care, Elixir Gastro and Liver Care Center; its physiotherapy and rehabilitation clinic, German Rehabilitation Center; and general health clinics, Tabibi, where patients can use the full range of their Valu spending limit.
“Having already entered into partnerships with numerous healthcare leaders, our partnership with Alameda Healthcare Group reflects our continued commitment to making quality healthcare accessible to all,” he said Motaz Lotfy, Senior Director of Business Development and Strategic Partnerships at Valu. “We have identified the best doctors and the best medical technologies and want to ensure that our customers can enjoy quality healthcare without worrying about the financial burden of paying the immediate upfront costs for that care. Our platform’s flexible payment plans will allow 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 journey within the Alameda Healthcare Group,” he said Eslam Edris, Marketing Director of Alameda Healthcare Group.
Since its inception in late 2017, Valu has introduced several innovative offerings as part of its strategy to improve people’s quality of life and help promote financial inclusion across the country.
As part of its product universe, Valu has launched Buy-Now, Pay-Later (BNPL) solutions in the MENA region through U and its new high-value purchase financing product, Ulter. Valu also offers investment products, an instant cash redemption program, savings solutions and a financing solution to facilitate the purchase of high-value luxury items and electronic gift cards. Additionally, it offers business-to-business solutions through Valu Business. The company also recently introduced its prepaid card and credit card in partnership with Visa.