Valu and Felix Maritime Partner to Offer Flexible Financing Solutions that Enhance Accessibility to Egypt’s Maritime Sector
The cooperation provides Felix Maritime customers with access to financing across all ticket sizes, expanding access to flexible financing across the maritime and yachting sector
Valu, the leading universal financial technology powerhouse in the Middle East and North Africa (MENA), has partnered with Felix Maritime, a leading company in the yachting and maritime sector, to introduce flexible financing solutions for its customers in Egypt. The cooperation enables Felix Maritime customers to finance a wide range of purchases and services through Valu, catering to both smaller, everyday expenses and larger, higher-value transactions. By offering financing solutions across different ticket sizes, the partnership gives customers greater flexibility in managing expenses while making a wide range of maritime services more accessible.
Through this cooperation, Felix Maritime customers can access Valu's financing solutions across a diverse range of maritime services, providing greater flexibility when managing the operational costs of their vessels' needs. These include yacht and agency husbandry services, covering provisioning, crew management, and port clearance; Suez Canal transit services, including the associated paperwork and logistics; spare parts logistics to minimize vessel downtime; and maintenance and repair arrangements involving qualified technicians, spare parts, and specialized equipment. Customers can also benefit from financing for provision supplies, covering essential requirements such as food and beverages, water, ice, cleaning and household supplies, and other specialityitems.
Under the agreement, customers will have access to two financing options tailored to different purchase values. Revolving Limit financing will be available for purchases of up to EGP 350,000, while Non-Revolving Limit financing will cater to larger purchases exceeding EGP 350,000. By integrating financing into customer experience, the cooperation offers an alternative way to manage the upfront costs of maritime services, particularly for higher-value purchases. In addition, customers looking to purchase a yacht can access financing through Valu’s luxury financing program, Ulter, with amounts of up to EGP 60 million, further extending Valu's offerings across the maritime and yachting sector.
Operating in Egypt since 1984, Felix Maritime has built an established presence in the yachting and maritime sector, serving more than 3,000 unique clients. The company provides end-to-end services to yacht owners and crew, supporting their operational needs throughout their time in Egypt. Its comprehensive service offering includes yacht and agency husbandry, Suez Canal transit facilitation, spare parts logistics, maintenance services, and provision supply.
Commenting on the partnership, Bahi Naguib Latif, Board Member at Felix Maritime, said: “Our cooperation with Valu gives Felix Maritime customers more flexibility when paying for our services, particularly for higher-value purchases. We see this as an important step in making maritime services more accessible to Egyptian customers.”
The cooperation also complements Valu's broader lifestyle financing offering through its luxury financing program Ulter, which provides financing solutions for yacht purchases and allows customers to pursue yacht ownership with greater financial flexibility.
Walid Hassouna, CEO of Valu, added: “Through our cooperation with Felix Maritime, we are strengtheningValu’s presence in the maritime and yachting sector, offering customers greater flexibility in managing higher-value purchases and services. This partnership reflects our continued commitment to expanding the reach of our financing solutions across diverse industries and lifestyle needs, while enabling our partners to enhance the customer experience and unlock new opportunities for growth.”
Through this partnership, Valu continues to expand the reach of its financing ecosystem across specialized sectors, reinforcing its commitment to developing accessible and flexible financial solutions that address evolving customer needs. For Felix Maritime, the cooperation adds a financing option to its service offering, supporting its efforts to broaden access to maritime services and enhance the overall customer experience.
