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JP Morgan Exclusive: Inside the $700m Asset-Backed Facility

Tabby, the leading shopping and financial services app in the Middle East, has secured an impressive $700 million in receivables securitisation from JP Morgan.

JP Morgan fuels Tabby's expansion with $700 million funding for Middle East's leading fintech app. PHOTO: DANIEL LEAL-OLIVAS/AFP/Getty Images
JP Morgan fuels Tabby’s expansion with $700 million funding for Middle East’s leading fintech app. PHOTO: DANIEL LEAL-OLIVAS/AFP/Getty Images

This ground-breaking deal represents the largest asset-backed facility ever obtained by a fintech company in the region.

In addition, Tabby has successfully extended its Series D financing, raising an additional

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