Saudi Arabia's Tabby Raises $160 Million Series E at $3.3 Billion Valuation to Become MENA's Most Valuable Fintech

Saudi Arabia-based buy-now-pay-later platform Tabby raised $160 million in a Series E funding round on 12 February 2025 at a valuation of $3.3 billion, making it the most valuable fintech in the MENA region.

The round was led by Blue Pool Capital, an existing investor and investment firm that manages the wealth of Alibaba's founders, and Hassana Investment Company, the investment arm of the General Organisation for Social Insurance, one of Saudi Arabia's largest institutional investors.

TRANSACTION VOLUMES NEARLY DOUBLE SINCE LAST ROUND

Annual transaction volumes at Tabby have nearly doubled since the company's previous funding round in October 2023, surpassing $10 billion per year.

IPO PLANS

Tabby published the funding announcement on its newsroom website, setting out the details of the round and the identities of the lead investors. The company has previously signalled an intent to deepen its product offering beyond core buy-now-pay-later instalment products and to explore a potential listing on a public market.