Startup profile · funding coverage
Tabby funding, valuation and investors
Riyadh BNPL expanding into credit and wallets — $233M at $6.5B announced September 14, 2026; close still needs SAMA approval.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Equity (press: Series F)
$233M · September 2026
Latest known valuation
$6.5B
Equity (press: Series F) · September 2026
Total disclosed equity funding
$393M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Riyadh, Saudi Arabia
Investors in latest funding
Lead: Blue Pool Capital
Other: HSG , Wellington Management , Arbor Ventures
Overview
Tabby is a Saudi financial-services business offering buy-now-pay-later products, cards and broader consumer credit. In September 2026, it announced a $233 million equity financing at a $6.5 billion valuation led by Blue Pool Capital. The transaction remained subject to Saudi regulatory approval when announced.
Why Tabby is interesting
September 14, 2026: $233 million at $6.5 billion led by Blue Pool. Company called it an equity round; press labeled Series F. The print is still subject to Saudi Central Bank approval. $18 billion is annualized TPV, not ARR. Bloomberg compared $6.5 billion with listed Klarna at about $5.2 billion.
Product & use cases
Checkout BNPL plus licensed consumer and SME financing, a SAMA-licensed Tweeq wallet, and a planned UAE Tabby Cash stored-value account.
- Split online and in-store purchases across Saudi Arabia and the UAE
- Longer-term consumer credit and SME working capital under SAMA licences
- Accounts, cards, and transfers via Tweeq and Tabby Cash
Key facts
- Sep 14, 2026: $233M at $6.5B; Blue Pool led (company). Press labeled Series F. SAMA approval still required.
- $18B is annualized TPV, not ARR. 25M users / 70k partners are company.
- Profitable since 2023 is a company claim, not an audited print in the announcement.
- Wamda prior marks: $3.3B on $160M Series E (Feb 2025); $4.5B Oct 2025 secondary.
- HSG ≠ Sequoia Capital US.
Funding history (newest first)
Equity (press: Series F)
2026-09 $233M Valuation: $6.5B- Blue Pool Capital (lead)
- HSG (participant)
- Wellington Management (participant)
- Arbor Ventures (participant)
Source: Read source · tabby.ai
Competitive landscape
Edge: A $6.5 billion private mark that Bloomberg set above listed Klarna, printed on TPV and a profitability claim rather than ARR.
Tabby’s September print is a Gulf consumer-credit mark compared with listed Klarna, not a U.S. BNPL round. Diligence is SAMA clearance, the primary/secondary split, and the missing ARR — not whether Blue Pool returned.
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Klarna direct
Listed BNPL. Bloomberg put its market cap at about $5.2 billion on September 14, 2026.
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Tamara direct
Gulf BNPL competitor. Not covered on this site.
Market / IPO context
Editorial / static context — not a live quote.
FAQs about Tabby
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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.