Tabby raises $233 million at $6.5 billion valuationThe $233M equity round led by existing investor Blue Pool Capital accelerates Tabby's expansion into broader credit and money management.
14 Sept 2026
Riyadh, Saudi Arabia — 14 September 2026: Tabby has raised $233 million at a $6.5 billion valuation, in an equity round led by Blue Pool Capital, with participation from existing shareholders HSG, Wellington Management and Arbor Ventures.
The company has been profitable since 2023 and today processes more than $18 billion in annualised transaction volume across 25 million registered users and 70,000 business partners. The new capital will support the next stage of growth as Tabby expands beyond its buy now, pay later offering into broader financial services in Saudi Arabia and the UAE.
The round includes a liquidity option for employees. Tabby has run share tenders since 2023, and has facilitated more than $100 million in share sales, giving current and former employees the opportunity to realise part of the value they helped create.
Over the past year, Tabby has secured licences to expand its financial services to customers and businesses. In Saudi Arabia, the Saudi Central Bank has granted Tabby consumer and SME finance licences, allowing it to offer larger and longer-term financing to consumers and working capital to businesses. Tabby also acquired Tweeq, a SAMA-licensed digital wallet, extending its capabilities into accounts, cards and transfers.
In the UAE, Tabby secured a Stored Value Facilities licence from the Central Bank of the UAE to launch Tabby Cash, an alternative to a debit account with no account or card fees. Customers earn cashback on card spending and can send money locally and internationally.
Hosam Arab, CEO and Co-Founder of Tabby, said: "We began with a button at an online checkout to help people spread costs over time. Everything since, every product and every licence, has come back to the same idea: people deserve more from their money. This round means we can build further on that, without changing how we think about growth or discipline."
Christopher Wu, Chief Investment Officer at Blue Pool Capital, said: “Tabby has demonstrated an impressive ability to innovate for their customers, evolving beyond payments to become the trusted platform for millions of people managing, spending and growing their money across the region. We are proud of our partnership with Tabby over the past three years, and we are excited to continue supporting the impressive growth of the company with this financing.”
The transaction remains subject to applicable regulatory approvals, including approval from the Saudi Central Bank (SAMA).
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, Apple, IKEA, Jarir, Samsung and noon use Tabby's technology to accelerate growth and gain loyal customers. Tabby serves Saudi Arabia and UAE and processes $18 billion in annualised transaction volume.
About Blue Pool Capital
Blue Pool Capital is a multi-strategy investment firm based in Hong Kong. It manages the assets of Joe Tsai, the firm’s senior management members, and a group of the world’s most influential families. The firm invests globally in public equity, private equity, real estate, and credit. Its current portfolio includes investments in various sectors such as technology, media, sports, consumer products, industrials, and financial services.
For media inquiries
Tabby: [email protected]
Blue Pool Capital: [email protected]
