Saudi Arabia-headquartered fintech Tabby has raised $233 million from existing investors in a Series F equity funding round, valuing the buy-now-pay-later company at $6.5 billion.
The round was led by Hong Kong-based Blue Pool Capital, with participation from HSG, Wellington Management and Arbor Ventures. Tabby also counts Abu Dhabi sovereign wealth fund Mubadala among its investors.
The latest valuation marks a significant increase from the company’s previous $4.5 billion valuation following a share sale in October 2025.
Tabby CEO and co-founder Hosam Arab said the new capital will primarily support the company’s expansion in its two core markets, Saudi Arabia and the United Arab Emirates.
Founded in 2019, Tabby has been expanding beyond its traditional buy-now-pay-later business. In Saudi Arabia, the company has secured licences allowing it to provide larger and longer-term financing to consumers, as well as working-capital products for businesses.
In the UAE, Tabby has received a licence to introduce a cash product designed as an alternative to traditional debit accounts.
The funding round included both new and existing shares, with part of the transaction also providing liquidity to employees.
Tabby currently processes more than $18 billion in annualised transaction volume, serves 25 million registered users and works with around 70,000 businesses, including Amazon and Shein.
Regarding a potential public listing, Arab said Tabby remains focused on scaling its core business and newer financial products. The company is profitable and well capitalised, giving it flexibility over the timing and location of any future IPO.
