December 8, 2020

Tabby.ai raises US$ 23 million Series A to grow buy-now/pay-later platform

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Taking shopping to the next level in the Middle East

Riyadh/Dubai-based tabby.ai the ‘buy-now/pay-later’ startup raised US$ 23 million in a debt and equity Series A funding round in December 2020. The JIMCO Technology Fund joined other international investors in ne of the largest Series A raised by a startup in the region.

Launched in 2019, tabby.ai already more than 500 merchants including many global brands such as IKEA and Toys R Us, together with regional retail giants including Al Futtaim Group, Landmark Group, and Apparel Group.

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Daniil Barkalov and Hosam Arab, co-founders, tabby. Image by Forbes Middle East

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Abdul Latif Jameel Investment Management Company, JIMCO, is the global investment arm of the Jameel Family.

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