Saudi fintech firm Tabby raises $233m to expand financial services

RIYADH: Saudi-based fintech firm Tabby has raised $233 million in equity funding, valuing the company at $6.5 billion as it expands its financial services offering. The new capital will support Tabby’s next phase of growth as it expands beyond its buy now, pay later offering into broader financial services in the Kingdom and the UAE. Blue Pool Capital led the round, with existing shareholders HSG, Wellington Management and Arbor Ventures also participating, according to a statement. Tabby was f

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