What is Tabby?
Tabby operates as the region's premier Buy Now Pay Later solution, designed to bridge the gap between consumer purchasing power and financial control. By integrating seamlessly with retail platforms, the company enables merchants to boost conversion rates while offering customers transparent, interest-free payment alternatives. Positioned at the intersection of retail and fintech, Tabby has evolved into a critical infrastructure player within the MENA digital economy, facilitating a more accessible credit environment for millions of users.
How much funding has Tabby raised?
Tabby has raised a total of $1.9B across 9 funding rounds:
Angel/Seed
$2M
Series A
$23M
Debt
$50M
Series B
$104M
Multiple Rounds
$1.4B
Series E
$160M
Angel/Seed (2019): $2M, investors not publicly disclosed
Series A (2020): $23M led by Global Founders Capital, Arbor Ventures, Mubadala GE Capital PJSC, HOF, STV Incorporated, Jimco, Outliers VC, Arab Bank, Venture Souq, Raed Ventures, MSA Capital, and Global Ventures
Debt (2021): $50M supported by Partners for Growth
Series B (2022): $104M featuring STV, CCVA, Global Founders Capital, and Delivery Hero
Series C (2023): $58M backed by PayPal Ventures, Sequoia Capital India, STV, and Arbor Ventures
Debt (2023): $350M with participation from Partners for Growth and Atalaya
Series D (2023): $250M led by Arbor Ventures, Soros Capital Management, Saudi Venture Capital Investment, and Wellington Management
Debt (2023): $700M supported by J.P. Morgan Asset Management
Series E (2025): $160M featuring Blue Pool Capital, Wellington Management, and Hassana Investment
Key Investors in Tabby
Blue Pool Capital
Blue Pool Capital is an asset management company founded in 2015, providing sophisticated investment management services from its headquarters in Hong Kong.
Wellington Management
Wellington Management is a global, independent investment firm based in Boston that provides institutional clients with tailored portfolio management and research across diverse asset classes.
Hassana Investment
Hassana Investment Company serves as the investment manager for Saudi Arabia's General Organization for Social Insurance, overseeing a massive portfolio of assets to ensure long-term financial security.
What's next for Tabby?
With the successful closure of its latest financing round, Tabby is well-positioned to deepen its penetration in existing markets while exploring new geographic territories. The strategic focus will likely shift toward enhancing its proprietary credit-scoring algorithms and expanding its suite of financial products to include broader consumer banking services. By leveraging its significant capital reserves, the company aims to solidify its competitive moat against both local and international incumbents, ensuring long-term sustainability and market dominance in the rapidly evolving digital payments landscape.
See full Tabby company page