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Tabby

Tabby

ActiveHiring

Buy now pay later payments platform

Dubai, UAEFounded 20191,500 employees
Fintech

BNPL fintech allowing customers to split purchases into installments across 40,000+ brands in Saudi Arabia, UAE, and Kuwait.

Founders

Hosam Arab

CEO & Co-founder

Daniil Barkalov

Co-founder

Litesh Lalchandani

Chief Financial Officer

Alex Shchepetilnikov

Chief Technology Officer

Halyna Kitor

Chief People Officer

Jugal Paryani

Chief Marketing Officer

Funding Rounds

Series D+Sep 2026
$233M

Lead: Blue Pool Capital

Investors: Blue Pool Capital, HSG, Wellington Management, Arbor Ventures

Post: $6.5B

Series F equity round; includes an employee liquidity option. Company says it has facilitated over $100M of employee share sales since 2023 and has been profitable since 2023. Also: https://www.crowdfundinsider.com/2026/09/310324-saudi-fintech-firm-tabby-reports-233m-funding-round-at-6-5b-valuation-as-it-moves-beyond-bnpl/ https://theindustryspread.com/tabby-233m-series-f-6-5bn-valuation-blue-pool/ Confidence: confirmed (round 13, Tabby).

Series D+Feb 2025
$160M

Lead: Blue Pool Capital and Hassana Investment Company (co-lead)

Investors: Hassana Investment Company, STV, Wellington Management

Post: $3.3B
DebtDec 2023
$700M

Lead: J.P. Morgan

Investors: J.P. Morgan

Receivables securitisation facility of 'up to' $700M; a new facility alongside the $350M warehouse line, not a replacement. Also: https://www.thenationalnews.com/business/start-ups/2023/12/21/mubadala-backed-unicorn-tabby-secures-700m-debt-financing-from-jp-morgan/ https://www.fintechfutures.com/bnpl-payments/bnpl-fintech-tabby-lands-700m-debt-facility-from-jp-morgan Confidence: confirmed (round 13, Tabby).

Series D+Dec 2023
$50M

Investors: Hassana Investment Company, Soros Capital Management, Saudi Venture Capital

Series D extension: additional $50M taking the Series D to $250M total, at the $1.5B valuation. Hassana is the headline investor but not explicitly called lead. Also: https://www.finextra.com/newsarticle/43470/tabby-secures-700-million-debt-facility-and-50-million-series-d-extension https://www.arabnews.com/node/2429671/business-economy Confidence: confirmed (round 13, Tabby).

Series D+Nov 2023
$200M

Investors: STV

Post: $1.5B

$200M Series D at $1.5B valuation, Nov 2023. Sequoia Capital India removed from the investor list — not in the company's announcement.

DebtMay 2023
$350M

Lead: Partners for Growth

Investors: Partners for Growth, Atalaya Capital Management, CoVenture

Upsize of the existing warehouse facility to $350M total (from $150M), not $350M of new money on top. No equity component despite Wamda's 'new round' headline. Also: https://www.wamda.com/2023/05/tabby-closes-new-round-upsizes-debt-facility-350-million https://www.thenationalnews.com/business/money/2023/05/31/mubadala-backed-tabby-increases-debt-facility-to-350-million/ Confidence: confirmed (round 13, Tabby).

Series CJan 2023
$58M

Investors: STV, PayPal Ventures

Post: $660M

$58M Series C, Jan 2023; PayPal Ventures and STV named by the company, no lead disclosed. The earlier 'Sequoia Capital India' lead was unverified.

DebtAug 2022
$150M

Lead: Atalaya Capital Management

Investors: Atalaya Capital Management, Partners for Growth

Credit facility; PFG upsized its earlier $50M commitment into this facility, so it partly replaces round 4 rather than adding to it. Company stated cumulative capital raised $275M. Tabby's own press page (tabby.ai/en-SA/press/150m-credit-facility) now 404s. Also: https://www.finextra.com/pressarticle/93614/tabby-secures-150m-credit-facility-from-atalaya-capital-management-and-partners-for-growth https://www.thenationalnews.com/business/money/2022/08/03/mubadala-backed-tabby-raises-150m-in-debt-financing/ Confidence: confirmed (round 13, Wamda).

Series BMar 2022
$54M
Series BAug 2021
$50M
Series ADec 2020
$23M
SeedJun 2020
$7M
SeedNov 2019
$2M

Lead: Global Founders Capital

Investors: Global Founders Capital, Wamda, Arbor Ventures

Initial seed at launch; Wamda is both investor and publisher here. Missing from DB. Also: https://www.menabytes.com/tabby-seed/ https://magnitt.com/news/tabby-a-uae-based-buy-now-pay-later-and-cash-on-delivery-alternative-raises-2m-in-seed-funding-51205 Confidence: confirmed (round 13, Wamda).

Open Positions3

Senior Backend Engineer

EngineeringDubai, UAEfull time

Product Manager

ProductRiyadh, KSAfull time

Data Scientist

DataDubai, UAEfull time

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