Valu and MobileMasr Launch Egypt’s First Peer-to-Peer BNPL Service for Pre-Owned Smartphones

Valu , MENA’s leading universal financial technology powerhouse, announced today its partnership with MobileMasr , Egypt’s first tech-driven platform for second-hand electronics, to launch the first peer-to-peer Buy-Now, Pay-Later (BNPL) service for pre-owned smartphones in Egypt.

This first-of-its-kind service allows individuals to securely buy and sell mobile phones directly from one another using Valu’s flexible payment plans and MobileMasr’s patented diagnostic technology. The process includes product verification, identity cross verification with location validation, secure QR code checkout, and auto-generated e-contracts that protect both parties. Seller payouts are processed by MobileMasr within four working days.

The customer journey begins when a seller lists their used mobile device on MobileMasr and verifies it using the platform’s patented micro diagnostic tool. Once the ad is posted, potential buyers can connect with the seller and arrange a meeting to inspect the device and conduct the sale. During the transaction, the seller generates a payment link or a secure QR code that the buyer scans to initiate checkout. MobileMasr’s system then validates the GPS location, asks both buyer and seller to cross-validate their national IDs, and confirms product details to ensure accuracy and security.

The buyer can seamlessly select Valu as the payment method, receiving instant confirmation of a payment plan of up to 60 months, plus a limited-time offer of up to 12 months with 0% interest, 0% purchase fees, and 0% down payment. An auto-generated e-contract is issued to both parties, the transaction is securely archived, and seller payouts are processed shortly thereafter.

The Egyptian second-hand mobile market is rapidly expanding but remains largely informal, cash-driven, and unregulated. By combining Valu’s pioneering BNPL platform, U, with MobileMasr’s trusted diagnostics and legal safeguards, the partnership introduces an entirely new way of transacting in Egypt’s peer-to-peer economy.

 “This partnership with MobileMasr reinforces Valu’s mission to empower individuals with innovative financial solutions that go beyond traditional retail. For the first time, Egyptians can now transact safely among themselves while enjoying the flexibility of BNPL — a true market disruptor that opens up endless opportunities.”

–Walid Hassouna, CEO, Valu

“MobileMasr, with its patented diagnostic technology, has transformed the second-hand market for mobile phones by bringing trust, transparency, and security to the sector. Partnering with Valu to launch P2P (peer-to-peer) BNPL transactions is a natural next step in our mission to make second-hand electronics safe, simple, and financed.”

–Wael El Ashry, Founder and CEO, MobileMasr 

The launch not only makes second-hand devices more affordable but also extends their lifecycle, reducing electronic waste and aligning with environmental sustainability goals. It also opens up a new growth horizon for Valu, moving beyond the traditional merchant-focused BNPL model and tapping into the Peer-to-Peer market.