Gulf fintech Tabby valued at $4.5 billion after secondary share sale
Update: 2025-10-28
Description
Tabby, a Saudi Arabian fintech company, completed a secondary share sale, valuing it at $4.5 billion. Existing shareholders, including HSG and Boyu Capital, sold shares, setting the stage for a potential public listing. Tabby, a buy now, pay later platform, has gained traction in the Gulf region, partnering with over 40,000 brands. The share sale indicates growing confidence in Tabby, with the CEO hinting at an IPO within the next 18 months. This development underscores the rapid growth of fintech in the region and potential for further innovation and investment.
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