Tabby
Tabby is a Shariah-compliant, interest-free Buy Now, Pay Later (BNPL) fintech platform operating across the Middle East and North Africa (MENA) region. Founded in 2019 by Hosam Arab and Daniil Barkalov, Tabby provides flexible payment solutions for online and in-store shopping. The platform serves over 15 million registered users and 40,000+ merchants, with annualized transaction volumes exceeding $10 billion. Tabby operates from headquarters in Riyadh with regional offices in Dubai, Cairo, and European hubs including Lisbon, Barcelona, Belgrade, Yerevan, and Tbilisi.
Public Company
Tabby is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2019
Employees
4,000–4,400
Total Funding
$525M
6 rounds
Latest Valuation
$3.3B
February 12, 2025
Funding
Total raised $525M across 6 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series E
Date
February 12, 2025
Amount
$160M
Valuation
$3.3B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| February 12, 2025 | Series E | $160M | $3.3B | Blue Pool Capital, Hassana Investment Company |
| October 31, 2023 | Series D | $200M | $1.5B | Wellington Management |
| January 2023 | Series C | $58M | $0.66B | Sanabil Investments |
Funding by Round
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation Trajectory
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series B
$0.3B
Aug 2021
Tabby today
$3.3B
Feb 2025 · latest mark
Tabby multiple
11.0x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Prominent Investors
Leadership
Hosam Arab
Co-Founder and Chief Executive Officer
Daniil Barkalov
Co-Founder and Chief Operating Officer
Ekaterina Leonova
Chief Product Officer
Alexander Shchepetilnikov
Chief Technology Officer
Jugal Paryani
Chief Marketing Officer
Litesh Lalchandani
Chief Financial Officer
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Klarna
Global BNPL leader operating in Europe, North America, and APAC regions with significant market share in the BNPL space.
Tamara
Saudi Arabia-based BNPL competitor backed by local venture capital, competing for market dominance in the Middle East.
Afterpay
Global BNPL platform focusing on fashion and lifestyle segments with interest-free four-part installment payments.
PayPal Credit
Payment flexible credit offering from PayPal providing buy now, pay later services globally.
Tabby Investment FAQ
Tabby FAQ
Tabby is preparing for an IPO on the Saudi Exchange (Tadawul) within 18 months, as indicated by recent statements from leadership. The company relocated headquarters to Riyadh ahead of the planned listing and has grown profitably with over $10B in annualized transaction volume and 15M+ users by early 2025.
Tabby shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Tabby had a valuation of approximately $3.3B at the time of its public offering. Current market capitalization fluctuates with the share price.
Tabby raised $525M across 6 disclosed funding rounds prior to its public listing.
Tabby was co-founded by Hosam Arab, and Daniil Barkalov in 2019.
Tabby is headquartered in Riyadh, Saudi Arabia.
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