What is Tabby?
Tabby operates as the region's pioneering Buy Now Pay Later solution, dedicated to empowering consumers with financial flexibility while maintaining control over their spending. The company partners with retailers across the UAE and KSA, offering innovative payment solutions that drive sales and customer engagement. Since its inception, Tabby has attracted substantial backing from global institutional investors and regional venture capital firms, establishing a strong foundation for its operations based in Dubai.
How much funding has Tabby raised?
Tabby has raised a total of $1.7B 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 HOF, Global Ventures, Arbor Ventures, Jimco, Raed Ventures, Arab Bank, MSA Capital, Outliers VC, Global Founders Capital, Venture Souq, STV Incorporated, and Mubadala GE Capital PJSC
Debt (2021): $50M supported by Partners for Growth
Series B (2022): $104M featuring Global Founders Capital, CCVA, STV, and Delivery Hero
Series C (2023): $58M backed by Arbor Ventures, Sequoia Capital India, STV, and PayPal Ventures
Debt (2023): $350M with participation from Partners for Growth and Atalaya
Debt (2023): $700M led by J.P. Morgan Asset Management
Series D (2023): $250M supported by Saudi Venture Capital Investment, Soros Capital Management, Wellington Management, and Arbor Ventures
Series E (2025): $160M featuring Blue Pool Capital, Hassana Investment, and Wellington Management
Key Investors in Tabby
Blue Pool Capital
Blue Pool Capital is an asset management company based in Hong Kong, founded in 2015, providing investment management services.
Hassana Investment
Hassana Investment Company manages Saudi Arabia's social security and pension fund, overseeing over SAR 1.2 trillion in assets with a focus on robust investment strategies.
Wellington Management
Wellington Management Company, LLP is a global, independent investment management firm providing institutional clients with portfolio management and research across various asset classes.
What's next for Tabby?
With the recent substantial investment, Tabby is poised for accelerated growth and market penetration. The company's strategic focus will likely involve expanding its merchant network, enhancing its technological infrastructure, and potentially exploring new geographical markets within the Middle East and beyond. This latest round of financing signals strong investor confidence in Tabby's business model and its potential to redefine the payment experience for consumers and retailers alike.
See full Tabby company page
