Tech Company Financing Transactions

Tabby Funding Round

On 1/18/2023, Tabby raised $58 million in Series B investment from Sequoia Capital, STV Group and Arbor Ventures.

Transaction Overview

Company Name
Announced On
1/18/2023
Transaction Type
Venture Equity
Amount
$58,000,000
Round
Series B
Investors

Sequoia Capital (Lead Investor)

STV Group (Lead Investor) (Ahmad Alshammari)

Arbor Ventures (Melissa Guzy)

Endeavor Catalyst

Mubadala (Ibrahim Ajami)

PayPal

Proceeds Purpose
The funding will be used to expand Tabby's product line into a plethora of consumer financial services and support the company's growing operations that now include Egypt. The fintech has raised more than $410 million in equity and debt since its 2019 launch.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Dubai, Undisclosed
United Arab Emirates
Phone
Undisclosed
Email Address
Overview
Tabby creates financial freedom in the way people shop, earn and save by reshaping their relationship with money. tabby lets you shop now, pay later and earn cash -- without the interest, fees or debt traps.
Profile
Tabby LinkedIn Company Profile
Social Media
Tabby Company Twitter Account
Company News
Tabby News
Facebook
Tabby on Facebook
YouTube
Tabby on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Hosam Arab
  Hosam Arab LinkedIn Profile  Hosam Arab Twitter Account  Hosam Arab News  Hosam Arab on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/18/2023: Visura venture capital transaction
Next: 1/18/2023: Pathalys Pharma venture capital transaction

 

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We do our best to document every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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