{"id":13099,"date":"2025-10-29T08:05:24","date_gmt":"2025-10-29T08:05:24","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=28452"},"modified":"2025-10-29T08:05:24","modified_gmt":"2025-10-29T08:05:24","slug":"tabby-valued-at-4-5-billion-following-secondary-share-sale","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/tabby-valued-at-4-5-billion-following-secondary-share-sale\/","title":{"rendered":"Tabby Valued at $4.5 Billion Following Secondary Share Sale"},"content":{"rendered":"<p><a href=\"https:\/\/fintechnews.ae\/tag\/tabby\"  rel=\"noopener\">Tabby<\/a>, a financial services app headquartered in Saudi Arabia, has completed a secondary sale of shares held by certain existing investors.<\/p>\n<p>HSG, Boyu Capital and others acquired these shares, implying a company valuation of US$4.5 billion.<\/p>\n<p>No new shares were issued, and Tabby did not receive any proceeds from the transaction.<\/p>\n<p>Hosam Arab, CEO and Co-Founder of Tabby, said:<\/p>\n<figure id=\"attachment_24165\" aria-describedby=\"caption-attachment-24165\" style=\"width: 150px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"wp-image-24165 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/02\/Hosam-Arab-150x150.jpg\" alt=\"Hosam Arab\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/02\/Hosam-Arab-150x150.jpg 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/02\/Hosam-Arab-32x32.jpg 32w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/02\/Hosam-Arab-48x48.jpg 48w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-24165\" class=\"wp-caption-text\">Hosam Arab<\/figcaption><\/figure>\n<blockquote>\n<p>\u201cWe\u2019re proud to welcome our new shareholders who share Tabby\u2019s ambitions and the impact we\u2019re making on financial services across the region.\u201d<\/p>\n<\/blockquote>\n<p>Rock Wang, Managing Director at HSG, commented:<\/p>\n<figure id=\"attachment_28453\" aria-describedby=\"caption-attachment-28453\" style=\"width: 150px\" class=\"wp-caption alignright\"><img decoding=\"async\" class=\"wp-image-28453 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/10\/Rock-Wang-150x150.jpg\" alt=\"Rock Wang\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/10\/Rock-Wang-150x150.jpg 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/10\/Rock-Wang-300x300.jpg 300w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/10\/Rock-Wang-450x450.jpg 450w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/10\/Rock-Wang.jpg 500w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-28453\" class=\"wp-caption-text\">Rock Wang<\/figcaption><\/figure>\n<blockquote>\n<p>\u201cTabby&#8217;s product velocity and rapid path to scalability reflect exceptional execution and a deep understanding of the market. We&#8217;re excited to partner with management as they continue to build a comprehensive financial services flywheel in a region with tremendous growth potential.\u201d<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p><em>Featured image credit: <a href=\"https:\/\/tabby.ai\/en-AE\"  rel=\"noopener\">Tabby<\/a><\/em><\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/28452\/fintech-saudi-arabia\/tabby-secondary-share-sale-4-5b-valuation\/\">Tabby Valued at $4.5 Billion Following Secondary Share Sale<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&#8230;]<\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/28452\/fintech-saudi-arabia\/tabby-secondary-share-sale-4-5b-valuation\/\">Tabby Valued at $4.5 Billion Following Secondary Share Sale<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[449,200,173,269],"tags":[],"class_list":["post-13099","post","type-post","status-publish","format-standard","hentry","category-hsg","category-saudi-arabia","category-saudia-arabia","category-tabby"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=13099"}],"version-history":[{"count":2,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13099\/revisions"}],"predecessor-version":[{"id":13115,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13099\/revisions\/13115"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=13099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=13099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=13099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}