Tabby Cash reaches 1 million accounts in the UAE
Customers can now send money to over 50 countries with no transfer fees, split their bills into monthly payments and get instant refunds on their purchases09 Nov 2026
Dubai, United Arab Emirates, 4 November 2026: Tabby today announced that more than 1 million people in the UAE have opened a Tabby Cash account, two months after the product became available to all residents on 1 September.
Tabby Cash is a fee-free alternative to a debit account, built on Tabby’s Stored Value Facilities licence from the Central Bank of the UAE. It charges no setup, account or card fees and pays cashback on everyday spending
Tabby Cash has expanded its offering since it launched in September:
- Global transfers: Customers can send money to bank accounts in over 50 countries on Tabby Cash with no transfer fees, plus digital wallets including GCash, JazzCash and Vodafone Cash.
- Flexible payments on bills: Customers can pay telecom, utility and transport bills on Tabby Cash and choose to split them into up to 12 monthly payments.
- Zakat and donations: Customers can pay Zakat and donate to Dubai charity associations directly from their Tabby Cash balance.
- Instant refunds: When a retailer approves a refund on a Tabby purchase, the money arrives in the customer's Tabby Cash account immediately to use rather than after the 3 to 10 working days a card refund typically takes.
Hosam Arab, CEO and Co-Founder of Tabby, said: "Tabby Cash is the fastest growing product we’ve launched. A million accounts in 2 months tells us how much demand there is for an account that works the way people actually spend. Sending money home, paying a bill, getting a refund without waiting a week for it. None of that is new. Doing it without the conditions people have come to expect is."
More than 25 million customers and 70,000 brands across Saudi Arabia, the UAE and Kuwait use Tabby. In September the company raised $233 million at a $6.5 billion valuation in a round led by Blue Pool Capital.
About Tabby Cash
Tabby Cash is available to UAE residents aged 18 and over. Key features include:
Tabby Cash is available to UAE residents aged 18 and over. Key features include:
- Free to set up in minutes with no account or card fees
- Up to 3% cashback on chosen categories and all international spend
- Free unlimited local transfers, and global transfers to over 50 countries with no transfer fees
- Pay telecom, utility and transport bills and split them in up to 12 monthly payments
- Instant refunds on Tabby Pay Later purchases.
About Tabby
Tabby is a financial technology company that gives millions of people power over their money and flexibility in everyday spending. Over 70,000 global and local brands including SHEIN, Amazon, Adidas, IKEA, Jarir, Samsung and noon use Tabby's technology to accelerate growth and gain loyal customers. Headquartered in Riyadh, Tabby serves Saudi Arabia, the UAE and Kuwait.
Tabby is a financial technology company that gives millions of people power over their money and flexibility in everyday spending. Over 70,000 global and local brands including SHEIN, Amazon, Adidas, IKEA, Jarir, Samsung and noon use Tabby's technology to accelerate growth and gain loyal customers. Headquartered in Riyadh, Tabby serves Saudi Arabia, the UAE and Kuwait.
Tabby Cash Services are provided by Tabby Payments LLC, which is licensed by the Central Bank of the UAE.
