Mer. Feb 12th, 2025

Tabby, a UAE-based buy now, pay later (BNPL) player, has reportedly hired banks to prepare for an eventual initial public offering (IPO). The company is said to be in talks with HSBC, JPMorgan, and Morgan Stanley for a public offering in Saudi Arabia, potentially in late 2025 or 2026. This development follows a significant financing round in December 2023, where Tabby secured $700 million in debt financing from JPMorgan and extended its series D round