Tabby provides buy-now-pay-later solutions to four million active shoppers across Saudi Arabia, the U.A.E., Kuwait, and Bahrain. It sells over 10,000 brands, including H&M, adidas, IKEA, SHEIN, noon, and Bloomingdale’s. It launched its Tabby Card in May 2022 to tap into offline retail, with over 150,000 cards issued by February 2023. Tabby raised $58 million in a Series C funding round in January 2023, bringing the valuation to $660 million. Its investors include Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment Company, Arbor Ventures, and Endeavor Catalyst. It witnessed five times year-on-year revenue growth in 2022.