Tabby
About
Buy-now-pay-later/payments fintech that has scaled across the region and reached a multi-billion dollar valuation.
Founders
Recent News
Why the Middle East’s Startup Ecosystem Is Attracting Global Capital - FINTECH.TV
The Middle East is drawing global capital as regulatory reforms, improving financial infrastructure and asset-backed financing models make the region attractive to investors such as Partners for Growth, which has backed companies including Trukker, Wizz Air and Tabby.
Arab News
F6 Ventures says many Egyptian startups that rushed to expand into Saudi Arabia in 2022–2023 have reversed course after burning capital and discovering sizable market differences; the VC now requires clearer product-market fit and early revenue before investing.
Saudi Fintech Is Done with Growth at All Costs : Investors Now Want Profitability and Portfolio Quality - FINTECH.TV
Saudi fintech remains the dominant recipient of startup capital, but investors are shifting from growth-at-all-costs to demanding profitability and high-quality lending portfolios; Tabby raised $233M at a $6.5B valuation, illustrating the new bar for deals.
Arab News
Saudi-based fintech Tabby raised $233 million at a $6.5 billion valuation to expand from BNPL into broader financial services across Saudi Arabia and the UAE, after relocating from the UAE in 2019 and becoming profitable in 2023.