Gulf fintech Tabby clinches $6.5 billion valuation after latest funding round
What's happening
Tabby, the Saudi Arabia- and UAE-based buy now, pay later and financial services provider, raised $233 million in a new equity round that values the company at $6.5 billion. The financing was led by existing backer Blue Pool Capital with participation from current shareholders HSG, Wellington Management and Arbor Ventures. Reports note Tabby has been profitable since 2023 and its $6.5 billion valuation places it ahead of Klarna in reported value.
Why it's trending
A large $233M round and profitable 2023 results pushed Tabby to a headline-grabbing $6.5B valuation now.
SignalHolding at its usual pace, confirmed across 1 independent source type.
Story volume
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If Tabby's $6.5B valuation feels overheated, remember it raised $233M led by Blue Pool Capital and says it has been profitable since 2023, this isn't just hype.
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Original sources5
- Tabby raises $233m at $6.5bn valuation
Tabby, the Saudi Arabia- and UAE-based buy now, pay later and financial services provider, has raised $233m in a new equity round. The financing was led by existing backer Blue Pool Capital, with participation from current shareholders HSG, Wellington Management and Arbor Ventures, and values Tabby at $6.5bn. Tabby has been profitable since 2023 and […] The post Tabby raises $233m at $6.5bn
FinTech GlobalSep 14 - Saudi fintech Tabby raises $233m
Tabby, a Saudi-based fintech, has seen its valuation rise to $6.5bn after completing its latest funding round.
FinextraSep 14 - Gulf fintech Tabby clinches $6.5 billion valuation after latest funding roundReutersSep 14
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