Gulf fintech platform Tabby has secured $233 million in a Series F funding round led by Blue Pool Capital, boosting its valuation to $6.5 billion.
The round saw participation from major global funds including Wellington Management and HSG. Tabby plans to deploy the capital to expand its product offerings beyond Buy-Now-Pay-Later into everyday banking, credit products, and wealth-management solutions for users across Saudi Arabia and the UAE.
As GCC consumer preferences rapidly shift toward cashless digital payments, Tabby’s transition into a broader financial services ecosystem reflects how regional tech champions are building comprehensive alternative finance platforms to challenge traditional retail banks.
Source: Renascence / Arab News
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