Tagged: max penel

BNPL: FIntech Tabby Acquires $150M Credit Facility

August 4, 2022 @ 10:17 pm By Omar Faridi |

Tabby, which is MENA’s payments and shopping app, has acquired $150 million in debt financing from Atalaya Capital Management and existing investor Partners for Growth (PFG). Based in New York, this facility “marks Atalaya Capital Management’s first deal in the MENA region.” In addition, San… Read More

Read more in: Asia, Fintech | Tagged debt financing, fintech app, hosam arab, justin burns, max penel, mena, mena region, middle east, new york, partners for growth, payments, payments app, pfg, saudi arabia, shopping, tabby

Mubadala Capital backed BNPL Fintech tabby Acquires Debt Financing to Expand MENA Region Operations

June 23, 2021 @ 10:47 pm By Omar Faridi |

A Mubadala-backed Fintech firm in Dubai has acquired a substantial amount of debt financing. This new round of funding for tabby reveals that Buy Now, Pay Later or BNPL companies are attracting a lot of business as the Fintech sector evolves rapidly with a rise… Read More

Read more in: Fintech, Asia | Tagged bnpl, debt financing, dubai, hosam arab, max penel, mena, mena region, middle east, mubadala capital, partners for growth, pay over time, pfg, tabby, uae, united arab emirates