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Overview
Tabby provides a buy now, pay later (BNPL) service that lets customers split purchases into four equal, interest-free payments. The service works through partnerships with retailers: at checkout, Tabby pays the retailer in full upfront, while the customer repays Tabby in four installments. In addition to BNPL, Tabby offers Tabby Shop, a platform to discover and track products from many brands with deals and coupons, and Tabby Card, a Visa-backed payment card that enables Pay in 4 anywhere Visa is accepted. The company’s offering is Shariah-compliant, avoiding interest charges. This positions Tabby to appeal to markets with significant Muslim populations. The main goal is to make consumer finance more flexible for shoppers while helping retailers increase sales and expanding the ecosystem with Shop and Card features.
About Tabby
Industries
Consumer Software
Fintech
Financial Services
Company Size
1,001-5,000
Company Stage
Series F
Total Funding
$2.1B
Headquarters
Riyadh, Saudi Arabia
Founded
2019
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Simplify's Take
What believers are saying
- September 2026 raised $233 million at $6.5 billion, led by Blue Pool Capital.
- Tabby Cash launched July 2026; 150,000 users joined immediately in the UAE.
- July 2026 SAMA licenses unlocked 12-month financing and SME working-capital lending.
What critics are saying
- June 2026 filings showed Tabby exceeded SAMA debt limits by SAR 519.8 million.
- H1 2026 net income fell 11.8% while ECL provisions jumped 64%.
- If SAMA blocks leverage expansion, Tabby’s funding model breaks and growth stalls.
What makes Tabby unique
- Tabby combines BNPL, consumer finance, SME lending, and wallet products across GCC.
- SAMA licenses and UAE wallet approval create a regulated moat competitors lack.
- Shariah-compliant Murabaha pricing fits Saudi consumers and merchants at scale.
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Funding
Total Funding
$2.1B
Above
Industry Average
Funded Over
14 Rounds
Benefits
Remote Work Options
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 1%Tabby raises $233 million at $6.5 billion valuation. * Fundraising News * 15.09.2026 02:14 pm Tabby has raised $233 million at a $6.5 billion valuation, in an equity round led by Blue Pool Capital, with participation from existing shareholders HSG, Wellington Management and Arbor Ventures. The company has been profitable since 2023 and today processes more than $18 billion in annualised transaction volume across 25 million registered users and 70,000 business partners. The new capital will support the next stage of growth as Tabby expands beyond its buy now, pay later offering into broader financial services in Saudi Arabia and the UAE. The round includes a liquidity option for employees. Tabby has run share tenders since 2023, and has facilitated more than $100 million in share sales, giving current and former employees the opportunity to realise part of the value they helped create. Over the past year, Tabby has secured licences to expand its financial services to customers and businesses. In Saudi Arabia, the Saudi Central Bank has granted Tabby consumer and SME finance licences, allowing it to offer larger and longer-term financing to consumers and working capital to businesses. Tabby also acquired Tweeq, a SAMA-licensed digital wallet, extending its capabilities into accounts, cards and transfers. In the UAE, Tabby secured a Stored Value Facilities licence from the Central Bank of the UAE to launch Tabby Cash, an alternative to a debit account with no account or card fees. Customers earn cashback on card spending and can send money locally and internationally. Hosam Arab, CEO and Co-Founder of Tabby, said: "We began with a button at an online checkout to help people spread costs over time. Everything since, every product and every licence, has come back to the same idea: people deserve more from their money. This round means we can build further on that, without changing how we think about growth or discipline." Christopher Wu, Chief Investment Officer at Blue Pool Capital, said: "Tabby has demonstrated an impressive ability to innovate for their customers, evolving beyond payments to become the trusted platform for millions of people managing, spending and growing their money across the region. We are proud of our partnership with Tabby over the past three years, and we are excited to continue supporting the impressive growth of the company with this financing." The transaction remains subject to applicable regulatory approvals, including approval from the Saudi Central Bank (SAMA).
Tabby raises US$233 million to Value BNPL firm at US$6.5 billion. Existing backers HSG, Wellington Management and Arbor Ventures joined the round, extending Tabby's run of steady valuation growth. Get the hottest Fintech Middle East News once a month in your Inbox Tabby, the Saudi Arabia and UAE-based fintech, has raised US$233 million at a US$6.5 billion valuation to expand beyond buy now, pay later into broader financial services. Blue Pool Capital led the round, with existing investors HSG, Wellington Management and Arbor Ventures also taking part. Tabby processes more than US$18 billion in annualised transaction volume. The company has run employee share tenders since 2023, facilitating more than US$100 million in staff share sales. The new round includes a further liquidity option for employees. In Saudi Arabia, the Saudi Central Bank has granted Tabby consumer and SME finance licences, letting it offer larger, longer-term financing to consumers and working capital to businesses. Tabby also acquired Tweeq, a SAMA-licensed digital wallet, adding accounts, cards and transfers to its offering. In the UAE, the Central Bank granted Tabby a Stored Value Facilities licence. The company used it to launch Tabby Cash, an alternative to a debit account with no account or card fees. The product offers cashback on card spending and local and international transfers. "Everything since, every product and every licence, has come back to the same idea: people deserve more from their money. This round means Fintech News can build further on that, without changing how Fintech News think about growth or discipline," said Hosam Arab, CEO and co-founder of Tabby. "Fintech News is proud of its partnership with Tabby over the past three years, and Fintech News is excited to continue supporting the impressive growth of the company with this financing," said Christopher Wu, Chief Investment Officer at Blue Pool Capital. The transaction is subject to regulatory approvals, including from the Saudi Central Bank. Featured image: Edited by Fintech News UAE, based on image by Who is Danny via Magnific
Saudi fintech Tabby has raised $233 million in a Series F round led by Blue Pool Capital, valuing the company at $6.5 billion. The valuation nearly doubles the $3.3 billion from its February 2025 Series E. Tabby is expanding beyond buy now, pay later into consumer lending, SME finance and everyday money management. The company secured consumer and SME finance licences from SAMA in Saudi Arabia and a Stored Value Facilities licence from the UAE central bank. Tabby processes over $18 billion in annualised transaction volume across 25 million users and 70,000 business partners. The company has been profitable since 2023. Its Saudi subsidiary generated $378 million in revenue and $55 million in net profit in 2025, up 42% and 82% respectively. The transaction remains subject to regulatory approvals.
Fintech Tabby Hits Valuation of $6.5 Billion, Topping Klarna September 14, 2026 at 1:00 PM GMT+2
CPAP store(r) Dubai partners With Tabby to expand flexible payment options. CPAP Store Dubai adds Tabby at checkout for eligible CPAP, BiPAP, respiratory care and sleep wellness purchases across the UAE, Saudi Arabia & Kuwait Purchases. Adding Tabby gives customers another convenient way to purchase sleep and respiratory care products across the UAE, Saudi Arabia and Kuwait." - CPAP Store Dubai(R) Spokesperson DUBAI, DUBAI, UNITED ARAB EMIRATES, August 27, 2026 / EINPresswire.com / - CPAP Store (R) Dubai, an online and in-store provider of sleep apnea equipment, respiratory care products and sleep wellness solutions, has partnered with Tabby to offer flexible Buy Now, Pay Later options for eligible purchases made through CPAPStoreDubai.com. The Tabby integration allows eligible customers in the United Arab Emirates, Saudi Arabia and Kuwait to select Tabby at checkout when purchasing qualifying continuous positive airway pressure (CPAP) equipment, bilevel positive airway pressure (BiPAP) equipment, oxygen concentrators, nebulizers and sleep wellness products. Available payment plans, spending limits and customer approval are determined independently by Tabby at checkout. "Adding Tabby gives our customers another convenient way to purchase the sleep apnea and respiratory care products they need," said a spokesperson for CPAP Store Dubai. "Our goal is to make shopping for CPAP, BiPAP and respiratory equipment clear, flexible and convenient for customers throughout the region." What Products Can Customers Purchase With Tabby? Subject to Tabby eligibility and checkout approval, customers may select Tabby when purchasing qualifying products from categories that include: - In-Home Sleep Apnea Test - CPAP and BiPAP masks - Replacement CPAP and BiPAP supplies - Home and portable oxygen concentrators - Home and travel nebulizers - Portable respiratory care equipment - Sleep wellness products and accessories How Does Tabby Work at CPAP Store Dubai? Customers can visit CPAPStoreDubai.com, add eligible products to their shopping cart and proceed to checkout. When Tabby is available for the order, customers can select it as their payment method and follow the instructions provided by Tabby. Approval is not guaranteed. Available payment plans, spending limits and eligibility may vary by customer, country and transaction. Where Is Tabby Available Through CPAP Store Dubai? Eligible customers can select Tabby at checkout for qualifying online purchases in: - United Arab Emirates - Saudi Arabia Within the United Arab Emirates, CPAP Store Dubai serves customers across all seven emirates: - Abu Dhabi - Ras Al Khaimah - Fujairah - Umm Al Quwain Delivery availability and estimated delivery times vary by product and destination. After serving customers in Business Bay for nearly a decade, CPAP Store (R) Dubai has relocated its retail location to Palm Jumeirah inside Kempinski Hotel & Residences Palm Jumeirah. The company continues to serve customers online, and in-store. About CPAP Store (R) Dubai CPAP Store (R) Dubai provides online and in store access to in home sleep apnea tests, sleep apnea therapy equipment, respiratory care products and sleep wellness solutions. Its product selection includes CPAP and BiPAP machines, CPAP masks, replacement supplies, home and portable oxygen concentrators, nebulizers and travel-friendly respiratory equipment. Customers can explore available products, payment options and delivery information at CPAPStoreDubai.com. About Tabby Tabby is a financial services and shopping platform that provides eligible customers with flexible payment options at participating merchants. Customer approval, purchase limits and payment-plan availability are subject to Tabby's terms and eligibility requirements. Media Contact Hollywood Times PR Email: [email protected] Website: CPAPStoreDubai.com Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. News Break Middle East do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
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About Tabby
Industries
Consumer Software
Fintech
Financial Services
Company Size
1,001-5,000
Company Stage
Series F
Total Funding
$2.1B
Headquarters
Riyadh, Saudi Arabia
Founded
2019
Tabby is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today