MENA Fintech Association

Tabby Valued at $4.5 Billion Following Secondary Share Sale

Tabby, a financial services app headquartered in Saudi Arabia, has completed a secondary sale of shares held by certain existing investors. HSG, Boyu Capital and others acquired these shares, implying a company valuation of US$4.5 billion. No new shares were issued, and Tabby did not receive any proceeds from the transaction. Hosam Arab, CEO and […]

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MoneyHash and Tabby Partner to Expand BNPL Access in UAE and Saudi

MoneyHash, a payment orchestration platform, has partnered with Tabby, the Saudi Arabia-based financial services app. The partnership enables merchants to offer Tabby’s flexible payment options across the UAE and Saudi Arabia through MoneyHash’s unified API. Through this integration, e-commerce businesses can provide Tabby’s interest-free instalment options at checkout, helping to improve conversion rates and reduce […]

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UAE Tech Funding Surges 133% in H1 2025, Driven by Late-Stage Deals

Tracxn has released its UAE Tech H1 2025 Report, providing a detailed overview of the country’s technology funding landscape during the first half of the year. The report highlights a strong rebound in investment activity compared to H2 2024, although overall funding remains below the levels recorded in H1 2024. Late-stage funding was the main […]

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Stride Ventures Expands in Saudi as Venture Debt Surges in GCC

Stride Ventures, a India-based player in venture debt, has announced a significant expansion across the Gulf Cooperation Council (GCC), with Saudi Arabia at the centre of its regional strategy. This includes doubling its local team and opening a second regional office, signalling a growing focus on alternative financing models in the region. The announcement aligns […]

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