Tabby Hits $4.5bn Valuation in Secondary Share Sale, Up From $3.3bn
Investors including HSG and Boyu Capital bought shares from existing Tabby shareholders in a secondary sale that implied a $4.5bn valuation, up from the $3.3bn set at the fintech's $160m Series E eight months earlier.
Tabby said it had completed a secondary sale of shares held by certain existing shareholders, with buyers including HSG and Boyu Capital, implying a valuation of $4.5bn for the Saudi-headquartered buy-now-pay-later company. No new shares were issued and Tabby received no proceeds.
The implied price is up from the $3.3bn valuation set in Tabby's $160m Series E round earlier in 2025. The company, one of the Middle East's first fintech unicorns, has been expanding beyond installment payments into a broader financial-services app as it weighs a public listing.