Overview

Saudi Arabia-headquartered fintech and leading MENA bnpl platform expanding into broader financial services across Saudi Arabia and the UAE.

Key Facts

  • Founded: 2019
  • Users: 25 million registered; 70,000 business partners
  • Volume: >$18 billion annualised transaction volume
  • Profitability: Since 2023
  • Investors: Blue Pool Capital, HSG, Wellington Management, Arbor Ventures, Mubadala

Recent Developments

  • 2026-09-14: Series F — 6.5B valuation led by Blue Pool Capital (2026-09-14-tabby-funding-zawya-primary)
  • Valuation up 44% from 3.3B)
  • Expanding beyond BNPL into consumer lending, SME finance, money management
  • Holds SAMA consumer/SME finance licences; owns Tweeq digital wallet (SAMA-licensed, acquired 2024)
  • Tabby Cash built on UAE Stored Value Facilities licence
  • Transaction subject to regulatory approvals including Saudi Central Bank

Sources