Tabby Raises $233M at $6.5B Valuation to Expand Beyond BNPL in Gulf

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Dubai-based fintech Tabby announced a $233 million Series F equity round on September 14, 2026, reaching a $6.5 billion valuation with backing from Blue Pool Capital, Wellington Management, and others. The company, profitable since 2023, processes over $18 billion in annualised transactions and serves 25 million users across Saudi Arabia and the UAE. Tabby plans to use the funds to expand beyond buy-now-pay-later into broader financial services including accounts, cards, transfers, and SME credit. To support this shift, the company acquired digital wallet Tweeq and secured multiple licences from Saudi regulator SAMA, while also launching Tabby Cash in the UAE under a Stored Value Facilities licence. The round is still subject to regulatory approvals, including clearance from SAMA.

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