ADSERO Advises valU on the Acquisition of Paynas

August 25, 2022

We are pleased to have advised EFG Hermes Holding’s leading Buy-Now, Pay-Later (BNPL) arm, valU, on the acquisition of Paynas, a FinTech and digital HR platform.

The transaction aligns with valU’s strategy to grow the business and enhance its tech power, allowing it to reach Paynas’s large and growing base of micro, small, and medium enterprises (MSME).

Our team was led by Ragy Soliman, Managing Partner and Co-Head of Mergers & Acquisitions and Capital Markets practice area, Hossam Gramon, Partner and Head of Banking, Finance & Projects practice area, assisted by Ahmed Adib, Senior Associate, Farida Banany, Associate and Junior Associates Soha Hussein and Sherif Kfoury.

To learn more, check out Zawya's coverage here.

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