Riyadh-based BNPL startup Tabby raised a $200M Series D at a $1.5B valuation, bringing its total funding to over $950M; CEO Hosam Arab says Tabby is profitable (Tage Kene-Okafor/TechCrunch)

November 1, 2023

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Tage Kene-Okafor / TechCrunch:

Riyadh-based BNPL startup Tabby raised a $200M Series D at a $1.5B valuation, bringing its total funding to over $950M; CEO Hosam Arab says Tabby is profitable — The past year and a half have witnessed multiple startups facing valuation cuts as funding from VCs waned in an environment of rising interest rates.

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