GULF FINTECH TABBY CLINCHES $6.5B VALUATION AFTER LATEST FUNDING ROUND

Summary from the TLDR Fintech newsletter

Saudi Arabia-based Tabby raised $233 million in a Series F led by Blue Pool Capital, valuing the BNPL fintech at $6.5 billion, up from $4.5 billion last year. Tabby plans to use the capital to deepen its presence in Saudi Arabia and the UAE, where it is expanding beyond BNPL into larger consumer financing, working capital and cash-account products, while processing more than $18 billion in annualized transaction volume across 25 million registered users.