Tabby

Tabby – The Financial Super App Redefining How the Middle East Shops and Manages Money

Headquarters: Riyadh, Saudi Arabia
Founded: 2019
Valuation: 1.5Billion(asof2025)[citation:8]∗∗TotalRaised:∗∗1.5Billion(asof2025)[citation:8]∗∗TotalRaised:∗∗1.4 Billion 
Regulated Markets: UAE, Saudi Arabia, Kuwait

About Tabby

Tabby is not just another "Buy Now, Pay Later" app. It is a rapidly evolving financial technology company on a mission to give millions of people power over their money and flexibility in their everyday spending .

Founded in 2019, Tabby has grown from a simple payment splitter into a comprehensive financial services platform operating across the Gulf Cooperation Council (GCC) region. Unlike many fintechs that rely on third-party banking infrastructure, Tabby has secured direct regulatory authorizations in its two largest markets—making it one of the most trusted and deeply embedded financial apps in the Middle East .

In April 2026, Tabby marked a historic milestone by securing a Stored Value Facilities (SVF) licence from the Central Bank of the UAE (CBUAE). This licence authorizes Tabby to hold customer funds and launch spending accounts, payment cards, and money management tools—officially transforming it from a credit provider into a full-service "money app" for the region .

What Tabby Does (In Simple Terms)

Tabby allows you to purchase goods—whether online or in physical stores—and split the total cost into four interest-free installments payable over weeks or months. You never receive cash directly into your hands. Instead, Tabby pays the merchant on your behalf, and you repay Tabby over time .

But Tabby today is much more than installment payments. It is evolving into a complete financial ecosystem where you can:

Spend using your Tabby account

Send money to friends and family

Manage your finances with built-in tools

Shop across 65,000+ global and local brands

Key Features

1. BNPL (Buy Now, Pay Later) – The Core Product

Example: A AED 2,000 electronics purchase becomes 4 × AED 500 payments over 4 months.

2. One-Stop Shopping App

Tabby is not just a payment method—it is also a shopping destination. The app allows you to:

Discover Top Brands including Amazon, SHEIN, IKEA, Adidas, Centrepoint, Samsung, and Jarir

Compare Prices across multiple stores

Track Price Drops with smart alerts for the best deals

Access Daily Discounts, Coupons, and Promotions

3. In-Store Payments

Using Tabby's in-store map, you can discover nearby shops and malls that accept Tabby. This allows you to "try before you buy" while still paying later .

4. Tabby Care (Purchase Protection)

Tabby Care adds an extra layer of security for your purchases. It covers items, simplifies returns, and protects your order throughout the delivery process .

5. Spending Accounts & Money Management (New – 2026)

Thanks to the newly acquired SVF licence from the CBUAE, Tabby can now offer:

Digital spending accounts where you can hold funds

Payment cards linked to your Tabby account

Money management tools to track, budget, and control your finances

6. Shariah-Compliant Option (Saudi Arabia)

In Saudi Arabia, Tabby delivers a fully Shariah-compliant BNPL solution, certified to align with Islamic financing principles. This has been a key differentiator in the Kingdom .

7. 24/7 Customer Support

Round-the-clock chat support is available directly within the Tabby app .

The Technology & User Experience

Minimal Verification: Getting started with Tabby typically requires only:

A mobile phone number

Emirates ID (UAE) or equivalent national ID (KSA)

A debit or credit card to schedule automatic payments

App Availability:

Available on iOS (requires iOS 15.0 or later)

Available on Android via Google Play

Languages: English and Arabic

App Size: Approximately 560–572 MB

Age Rating: 4+

Regulatory Standing (The "Trust" Factor)

Unlike many fintech apps that operate in a grey area, Tabby has invested heavily in regulatory compliance across the GCC.

This dual-market regulatory footprint allows Tabby to build and launch financial products across the GCC on its own infrastructure, rather than relying on third-party licensed entities .

The Company Behind the App

Tabby FZ LLC is headquartered in Riyadh, Saudi Arabia, and serves customers across Saudi Arabia, the UAE, and Kuwait .

Leadership:

Hosam Arab – CEO and Co-Founder

Tommaso Pace – General Counsel

Scale:

Over 65,000 global and local brands use Tabby's technology

Millions of active customers across the GCC

51–200 employees

Notable Investors: Tabby has raised 1.4billionacrossmultiplefundingrounds,withmajorinvestmentsfromSequoiaCapitalIndia,andavaluationof1.4billionacrossmultiplefundingrounds,withmajorinvestmentsfromSequoiaCapitalIndia,andavaluationof1.5 billion as of 2025 .

What Makes Tabby Different from Other BNPL Apps?

Strategic Evolution: From BNPL to "Money App"

Tabby's trajectory mirrors that of global fintech leaders like Klarna and Affirm—but with a distinctly Middle Eastern regulatory and cultural adaptation. The company's leadership has articulated a clear vision:

"Millions of people in the UAE already use Tabby for flexible payments. This licence lets us serve them beyond credit and build an experience that delivers what money should actually feel like."
— Hosam Arab, CEO and Co-Founder of Tabby

The fintech firm's General Counsel, Tommaso Pace, has also emphasized that Tabby's expansion into credit, payments, and digital wallet solutions aligns with the growing regulatory sophistication of markets such as the UAE and Saudi Arabia .

Final Verdict

Tabby is an excellent choice for consumers in the GCC who want:

Interest-free credit for everyday shopping

A single app to discover, compare, and buy from top brands

Financial management tools beyond just payments

The security of dealing with a fully licensed, regulated financial institution

It is particularly valuable for:

Online shoppers who frequently buy from international brands like Amazon and SHEIN

In-store shoppers who want to locate nearby merchants accepting flexible payments

Budget-conscious consumers who want to track price drops and access daily deals

⚠️ Important Considerations

Late Fees: While there is no interest, late payment fees may apply if you miss scheduled installments.

Not a Cash Loan: Tabby does not give you cash. It only facilitates purchases from partner merchants.

Regional Availability: Tabby is designed specifically for the GCC region. It may not work for users outside Saudi Arabia, the UAE, or Kuwait.

Data Privacy: As with any fintech app, review the privacy policy regarding SMS and contact access permissions.