The deal sees buy now pay later fintech firm Tabby secure $150 million in funding.
August 09, 2022 at 05:30 AM
2 minute read
Correspondent, Dubai
Allen & Overy has advised on a second Middle East-based fintech transaction in the UAE, only a year after counselling on a similar deal in Saudi Arabia.
The firm has guided New York-based investment advisory firm, Atalaya Capital Management, lender on a $150 million debt financing for Dubai-based buy now, pay later (BNPL) provider Tabby. The financing was jointly provided with San Francisco-based Partners for Growth and will be used to support Tabby’s continued growth, A&O said.
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