Tabby, the UAE-based buy now, pay later (BNPL) fintech, raised $160 million in Series E funding, doubling its valuation to $3.3 billion ahead of its planned IPO. The company has expanded its offerings through the acquisition of Saudi Arabia-based Tweeq, the launch of Tabby Card and Tabby Plus, and the enhancement of its BNPL services with long-term payment plans and buyer protections. Tabby has 15 million users, and partnerships with over 40,000 brands, and is working with HSBC, JPMorgan, and Morgan Stanley for its 2025 or 2026 IPO.
Tabby Valuation More Than Doubles to $3.3 Billion on $160 Million Investment Round