T

Tabby

Sharia-compliant BNPL payments for retailers

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.

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About Tabby

Simplify's Rating
Why Tabby is rated
B+
Rated A on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Consumer SoftwareFintechFinancial 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 funding raised $233 million at $6.5 billion valuation, reinforcing investor confidence.
  • July 2026 Tabby Cash launched fee-free spending accounts and cashback cards in UAE.
  • July 2026 Saudi finance licences enabled up to 12-month plans and SME working capital.

What critics are saying

  • Tamara and bank instalment products compress pricing as Tabby moves into regulated credit.
  • CBUAE and SAMA approvals tie Tabby's expansion to regulators that can slow products.
  • If funding losses rise, Tabby's wallet ambitions and merchant subsidies burn capital faster than revenue.

What makes Tabby unique

  • 2026 licences from SAMA and CBUAE let Tabby sell credit, wallets, cards, transfers.
  • Tabby's 25-million users and 70,000 merchants create regional distribution density.
  • Profitability since 2023 funds employee tenders and aggressive product expansion.

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Funding

Total Funding

$2.1B

Above

Industry Average

Funded Over

14 Rounds

Series F funding comparison data is currently unavailable. We're working to provide this information soon!
Series F Funding Comparison Coming Soon

Benefits

  • Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

3%

2 year growth

1%
Financial IT
Sep 15th, 2026
Tabby raises $233 million at $6.5 billion valuation.

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).

Fintech News Network
Sep 15th, 2026
Tabby raises US$233 million to Value BNPL firm at US$6.5 billion.

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

FWDstart
Sep 14th, 2026
Tabby raises $233M Series F at $6.5B valuation as it expands beyond BNPL into lending and payments

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.

Tabby
Sep 14th, 2026
Tabby raises $233 million at $6.5 billion valuation.

Tabby raises $233 million at $6.5 billion valuation. The $233M equity round led by existing investor Blue Pool Capital accelerates Tabby's expansion into broader credit and money management. Riyadh, Saudi Arabia - 14 September 2026: 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). About Tabby. Tabby is a financial technology company that gives millions of people power over their money and flexibility in everyday spending. Over 70,000 global and local brands including SHEIN, Amazon, Apple, IKEA, Jarir, Samsung and noon use Tabby's technology to accelerate growth and gain loyal customers. Tabby serves Saudi Arabia and UAE and processes $18 billion in annualised transaction volume. About Blue Pool Capital. Blue Pool Capital is a multi-strategy investment firm based in Hong Kong. It manages the assets of Joe Tsai, the firm's senior management members, and a group of the world's most influential families. The firm invests globally in public equity, private equity, real estate, and credit. Its current portfolio includes investments in various sectors such as technology, media, sports, consumer products, industrials, and financial services. For media inquiries. Tabby: [email protected] Blue Pool Capital: [email protected]

Bloomberg
Sep 14th, 2026
Fintech Tabby Hits Valuation of $6.5 Billion, Topping Klarna

Fintech Tabby Hits Valuation of $6.5 Billion, Topping Klarna September 14, 2026 at 1:00 PM GMT+2

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