ADVA and One Finance sign partnership agreement to offer consumer financing services

ADVA and One Finance sign partnership agreement to offer consumer financing services

Cairo: One Finance, the integrated consumer financing platform and ADVA, the first online service installment platform, announced signing a partnership agreement to facilitate installment of a wide portfolio of services provided by ADVA, including finishing, education, health, travel, car maintenance, weddings and insurance through various payment plans.

Founder and CEO of ADVA, Rania Gaafar, commented on the announcement: “We are excited to cooperate with One Finance which marks a significant step towards strengthening ADVA’s role in the consumer finance sector as a mediator between customers, service providers and collection partners. ADVA’s mission is to provide services that meet consumers’ essential needs and purchasing power while using modern technologies. This contributes to advancing the economy and the financial technology sector, as an integral part of the country’s strategy towards digital transformation and financial inclusion in line with Egypt's Vision 2030.”

Rania Gaafar added that the partnership between ADVA and One Finance focuses on finishing services, being one of the various categories offered by ADVA “Finishing is considered a key category that the partnership focuses on, based on thorough market surveys conducted to understand the most in-demand installment services and needs among customers, who hit 15,000 within a short timespan.”

For his part, Hazem Madany,