Tabby
Tabby is a Shariah-compliant, interest-free buy now, pay later and consumer financial services platform operating across the Middle East, principally Saudi Arabia and the United Arab Emirates. Founded in 2019 by Hosam Arab and Daniil Barkalov, it lets shoppers split online and in-store purchases into interest-free instalments. Tabby reports around 25 million registered users, roughly 70,000 business partners and annualised transaction volume above $18 billion, and says it has been profitable since 2023. It is expanding beyond instalments into spending accounts, cards and money management, and holds consumer and SME finance licences from the Saudi Central Bank.
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
1,001–5,000
Total Funding
$783M
10 rounds
Last Private Valuation
$6.5B
Sep 14, 2026
Secondary Signals (Note: SetterVC does not verify the accuracy of these)
3 signalsClosed a $233M Series F led by Blue Pool Capital at a $6.5B valuation, with HSG, Wellington Management and Arbor Ventures participating
Valuation up from the $4.5B implied by an October 2025 secondary share sale
Reportedly advised by HSBC, JPMorgan, Morgan Stanley on potential Tadawul IPO
IPO prep continues; no filing yet, timeline still open
Reportedly reached $4.5B valuation ahead of planned Tadawul IPO
Upward re-rating ahead of listing signals rising demand
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $783M across 10 rounds
Last updated 09-28-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Sep 14, 2026 | Series F | $233M | $6.5B | Blue Pool Capital |
| Oct 28, 2025 | Secondary share sale | — | $4.5B | Not disclosed |
| Feb 12, 2025 | Series E | $160M | $3.3B | Blue Pool Capital, Hassana Investment Company |
Valuation Trajectory
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series B
$300M
Aug 2021
Tabby today
$6.5B
Sep 2026 · latest mark
Tabby multiple
21.7x
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 remains private and is widely reported to be preparing a listing on the Saudi Exchange (Tadawul), with HSBC, JPMorgan and Morgan Stanley reported as advising on the flotation. No prospectus or regulatory filing had been made public as of September 2026, and the company has not confirmed a listing date. Tabby moved its headquarters to Riyadh ahead of a planned listing, says it has been profitable since 2023, and raised $233 million at a $6.5 billion valuation in September 2026, which it framed as funding expansion beyond buy now, pay later rather than as a pre-listing step.
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 $6.5B at the time of its public offering. Current market capitalization fluctuates with the share price.
Tabby raised $783M across 10 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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