Reported about 10 hours ago
Saudi fintech company Tabby has reached a valuation of $4.5 billion following a secondary share sale involving existing shareholders, as it prepares for a potential public listing. The sale was made by investors including HSG and Boyu Capital, but Tabby clarified that it did not issue new shares nor receive proceeds from the transaction. Founded in 2019, Tabby partners with over 40,000 brands, offering buy-now-pay-later services in the Gulf region.
Source: YAHOO