Saudi fintech Tabby secures $160M, doubling valuation to $3.3B, eyes IPO and expansion.

Saudi fintech company Tabby has secured $160 million in funding, doubling its valuation to $3.3 billion, making it the most valuable fintech in the Middle East and North Africa. The company, known for its buy now, pay later service, has doubled its annual transaction volume to over $10 billion and plans to expand into new financial services like digital accounts and money management tools. With over 15 million users and 40,000 sellers on its platform, Tabby is also preparing for an IPO.

6 weeks ago
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