Tabby, a Saudi-headquartered fintech, has raised $160 million in a Series E round led by existing investors Blue Pool Capital and Hassana Investment Company, with participation from STV and Wellington Management.

Why it Matters? The round makes Tabby the most valuable fintech company in the region, with a valuation of $3.3 billion.

More to Know:

• The funds will be used to accelerate the expansion of Tabby’s financial services, including digital spending accounts, payments, cards, and money management tools.
• The company recently acquired Tweeq, a Saudi-based digital wallet, which helped it introduce Tabby Card and Tabby Plus, a subscription program. Additionally, it has evolved its core BNPL offering with longer-term payment plans and launched Tabby Shop, and Tabby Care, a buyer protection program.
• Tabby said that round positions it strongly as it prepares for its upcoming IPO.
• The company says it has entered 2025 with over 15 million registered users and over 40,000 sellers.

Related Comments:

• Hosam Arab, CEO and Co-Founder at Tabby, said: “This investment allows us to accelerate our rollout of products that make managing money simpler and more rewarding for our customers. We’re focused on creating tangible impact—helping people take control of their finances with tools that are accessible, effortless and built for their everyday lives.”
• Christopher Wu, Chief Investment Officer at Blue Pool Capital, said: “Tabby’s ability to innovate and deliver exceptional products is truly impressive. Their strong revenue growth and operational efficiency sets them apart from other fintech companies globally. We are incredibly excited to support the team on their mission.”
• Ahmed Al Qahtani, Chief Investment Officer for Regional Markets at Hassana Investment Company, said: “We are consistently impressed with Tabby’s remarkable ability to execute and build significant momentum in such a short time. Their unwavering dedication to delivering innovative products and solutions to customers reinforces our strong belief in Tabby’s bright future. We are excited to continue our partnership as they redefine the financial services landscape in the region.”