Tabby raises $233m equity round at $6.5bn valuation

M&A · PartnershipCorporate ActionRegulation
โดย Electronic Payments International·SAAE·Read original
Summary · why it matters

Saudi Arabian fintech Tabby has raised $233m in an equity financing round led by existing investor Blue Pool Capital, valuing the company at $6.5bn. Current shareholders HSG, Wellington Management and Arbor Ventures also participated in the round, which includes a liquidity option for employees. Tabby said the funding will support its next stage of growth as it expands beyond buy now, pay later into broader credit and money management services across Saudi Arabia and the UAE. The company has already secured regulatory approvals for that expansion, including consumer and SME finance licences from the Saudi Central Bank, the acquisition of SAMA-licenced digital wallet Tweeq, and a Stored Value Facilities licence in the UAE supporting the launch of Tabby Cash. Tabby reported more than $18bn in annualised transaction volume, 25 million registered users and 70,000 business partners. The transaction remains subject to applicable regulatory approvals, including approval from the Saudi Central Bank.

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Off-coverage companies 6

TabbyPrivate▲ Positive
CapitalRegulationrelevance

Tabby raised $233m equity round at $6.5bn valuation led by Blue Pool Capital, funding its growth.

Arbor VenturesPrivate± Mixed
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Blue Pool CapitalPrivate± Mixed
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HongShan (formerly Sequoia Capital China / 红杉中国)Private± Mixed
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TweeqPrivate± Mixed
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Wellington Management CompanyPrivate± Mixed
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