Tabby hits $6.5b valuation with $233m UAE fintech raise
A buy-now-pay-later firm based in the Gulf has secured $233 million in new funding. The round, led by Blue Pool Capital, pushes Tabby’s valuation to $6.5 billion. The company focuses on consumer finance in the region.
Sources: techinasia.com
“At a time when global BNPL growth is slowing, Tabby’s valuation jump signals sustained investor confidence in emerging-market consumer credit.”
What it means
While Western BNPL players face regulatory headwinds and shrinking margins, Tabby’s raise reflects the Gulf’s relatively untapped consumer-finance opportunity. The $6.5 billion figure will draw scrutiny—it’s nearly double the valuation of some established global peers. Whether the model translates beyond high-spending Gulf markets remains an open question, but the funding round sets a benchmark for regional fintech.
Read the original reporting
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- UAE fintech firm Tabby raises $233m at $6.5b valuation — techinasia.com
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