In the Press

The Financial Technology Report was published this month and we are incredibly proud to see seven of our portfolio companies amongst the top 100 - Paidy, Forter, Grab, 2C2P, Trumid, Fundbox and TrueAccord!

Japan's leading "Buy Now, Pay Later" provider Paidy, has announced the release of its new app that allows consumers to browse and discover the items they want across thousands of online merchants and use Paidy's "Single-Pay" or "3-Pay" service to pay for their purchases.

Demyst, an 11-year-old financial services-focused data management platform provider, has raised $33 million ahead of a potential ASX listing in early 2022. The company, which started out doing custom consulting work centred on data analytics and testing, pivoted two years ago and created a platform for banks, insurers and Fintechs to connect to the external data they need, and put it to use for the creation of new products.

Global payment provider Splitit have entered into a strategic partnership with tabby, the leading buy now, pay later (BNPL) provider in the Middle East, which will integrate Splitit's platform through a white-label solution. This will provide shoppers with an additional payment option. Splitit enables customers to pay for purchases with an existing credit card by splitting the cost into interest- and fee-free monthly payments, without additional registrations or applications.

Dubai-based buy now pay later platform Tabby has raised $50 million in debt financing from San Francisco-based Partners for Growth, it announced in a statement today. This is the largest debt facility raised by a Fintech in the Middle East & North Africa. tabby previously raised some debt financing as part of its $23 million Series A in December 2020.

Today Telr the award-winning online payment gateway has announced its new partnership with in the leading BNPL company in the UAE and KSA, tabby. Telr launched its “Buy Now Pay Later” solution and services as a result of this partnership. Empowering Telrs’ Merchants with yet with another payment method to accelerate their e-Commerce business and enhance their market position.