Milango, an Egyptian-based community management solutions platform, has announced a strategic partnership agreement with ValU, the leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform in the MENA region, to provide its customers with BNPL solutions for real estate payments, house services, utilities, and yearly maintenance fees, among other Milango services.
Confirming the deal, Amr Mostafa, CEO of Milango, said “Milango is very happy and proud to partner with Valu, to deliver Buy Now Pay Later service across all payment categories across our applications. This partnership will directly benefit 100K+ contracted residential units under management and their residents. We are also expanding this partnership to all our verticals, allowing our users to use Valu’s services not only where they live, but also where they work and play.”
The partnership covers all of the startup’s services, including its sports, commercial, and office verticals. Milango customers can now pay their bills, memberships, classes, and other services through BNPL and lifestyle-enabling player ValU.
“Milango collaborates with various entities that are constantly evolving the consumer tech landscape and automating workflows to make it easy for our customers to eliminate manual processes so they can deliver a great experience for their users while improving their operations, which in turn improves their financial performance,” Mostafa added.
Founded in 2020 by Amr Mostafa and Ali Ibrahim, Milango has more than 100K contracted units under management as well as fitness facilities and business parks. Some of Milango’s clients include El Gouna, City Edge, Mountain View, Smart Village, and Wadi Degla among others with plans for regional expansion in 2023.
Just like Milango which acquired Circle, a 500 startups backed company, earlier this year to help increase its market share and further solidify its position as a premium community management solution in MENA, valU equally acquired Paynas, full-service employee management and benefits startup that provides financial services to micro, small, and medium enterprises (MSME) late August to enable it to provide the broader society with seamless financial solutions that facilitate their day-to-day activities and improve their lifestyle.