Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO

Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO

Tabby, the financial services and shopping app, raises $160 million at $3.3 billion, making it the most valuable fintech in MENA.

Tabby Secures US$160M in Series E, Eyes IPO

Tabby, a Riyadh-based financial services and shopping app, has secured US$160 million in a Series E funding round, valuing the company at US$3.3 billion. The round was led by existing investors Blue Pool Capital and Hassana Investment Company, with additional backing from STV and Wellington Management. Since its last funding round in October 2023, Tabby has nearly doubled its annual transaction volume to over US$10 billion while maintaining prof…

Tabby Raises $160M in Funding Round that Makes it MENA’s Most Valuable Fintech Ahead of IPO - Tech

Tabby, a financial services platform in the Middle East and North Africa (MENA), has raised $160 million in a Series E funding round, boosting its valuation to $3.3 billion.  The investment was led by Blue Pool Capital and Hassana Investment Company, with additional backing from STV and Wellington Management. Since its last funding round in October 2023, Tabby has nearly doubled its annual transaction volume to over $10 billion while maintaining…

Riyadh-based BNPL startup Tabby raised a $160M Series E led by Blue Pool Capital at a $3.3B valuation; CEO Hosam Arab expects an IPO within 18 months

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Saudi pension fund invests in Tabby as valuation tops $3bn

Buy now, pay later (BNPL) operator Tabby has raised $160 million through a new funding round, more than doubling its valuation to $3.3 billion. The Series E financing round was led by Hong Kong-based investor Blue Pool Capital and Saudi pension company Hassana Investment Company, in addition to Saudi Technology Ventures and Wellington Management. Founded in Dubai in 2019, but with its headquarters in Riyadh since October 2023, Tabby was valued a…

Tabby raises $160m, becomes MENA’s most 'valuable' fintech

Since its last funding round in October 2023, Tabby has nearly doubled its annualised transaction volume to over $10bn while maintaining profitability The post Tabby raises $160m, becomes MENA’s most ‘valuable’ fintech appeared first on Gulf Business.