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Islamic fintech unicorn Tabby secures US$700 million from JPMorgan

Buy Now Pay Later (BNPL) platform Tabby has secured US$700 million in debt financing from JPMorgan and extended its Series D financing to US$250 million at a US$1.5 billion valuation with participation from Hassana Investment Company, Soros Capital Management and Saudi Venture Capital Investment Company.

Tabby becomes industry’s first Islamic fintech unicorn

The Islamic finance industry has welcomed its first Islamic fintech unicorn, Tabby, a buy-now-pay-later (BNPL) platform as the Middle Eastern firm secured a US$200 million Series D funding.

Tabby to move HQ to Saudi ahead of IPO

Dubai-based Islamic buy-now-pay-later (BNPL) company Tabby will be relocating its headquarters to Saudi Arabia ahead of its IPO on the Saudi Exchange (Tadawul).

Cenomi Retail partners with Tabby

Saudi Arabia's Fawaz Abdulaziz Alhokair & Company (Cenomi Retail) has partnered with Islamic Buy Now Pay Later company Tabby to offer payment solutions, according...

Islamic BNPL Tabby officially expands into Saudi following successful funding round

Islamic buy-now-pay-later (BNPL) company Tabby has secured a license from the Saudi Central Bank (SAMA) to operate in the Kingdom, in line with its MENA growth strategy.

Tabby’s US$58 million Series C makes it one of GCC’s highest valued start-ups

Shariah compliant buy-now-pay-later platform Tabby has secured US$58 million in Series C funding, which raises the valuation of the Dubai start-up to US$660 million, one of the highest in the region.

Tabby wins Shariah approval stamp for BNPL service

Buy-now-pay-later (BNPL) platform Tabby has secured a Fatwa certifying the Shariah compliance of its solution in Saudi Arabia.

tabby

tabby provides consumers across the UAE and Saudi Arabia with the flexibility to pay for their online and offline purchases either in a deferred...

New Qatari Islamic BNPL platform prepares for 2024 launch

Qatar may soon welcome PayLater, the first homegrown Buy Now Pay Later (BNPL) platform in the country, in 2024.

Monthly Review: November

Here are the top Islamic fintech stories in November. Blockchain and cryptocurrency Blockchain-based cash Waqf platform Digiwaqf is set to launch in mid-November this year. Malaysia-based Fusang...

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