Tabby is a fintech startup that provides consumers across the UAE and Saudi Arabia with the flexibility to pay for their online and offline purchases either in a deferred single payment or in multiple installments.
Tabby allows customers to complete their purchase without the need to enter their credit or debit card details and thus aims to become a serious alternative to cash-on-delivery (COD) or cash payments altogether.
Tabby was founded in 2019 by Hosam Arab. The company is headquartered in Dubai, Dubai, UAE.
Tabby (Tabby.ai) aims to provide consumers across the UAE and Saudi Arabia with the flexibility to pay for their online and offline purchases either in a single payment at a later date or in multiple installments.
Tabby is currently integrating its technology solution with a number of large retail merchants in the region and will be available on the checkout page of e-commerce sites along with other traditional payment options.
Tabby leverages proprietary technology to improve current inefficiencies in the Middle East and North Africa (Mena) payment landscape. Tabby has partnered with more than 20 regional e-commerce retailers including Golden Scent and most recently the Apparel Group, whose portfolio includes Tommy Hilfiger and Aldo. Tabby also signed an agreement with logistics firm DHL to handle its COD payments.
Tabby is backed by Global Founders Capital, Arbor Ventures, Raed Ventures, MSA Capital, Wamda Capital and others. The company raised $7M in a Series A round on June 08, 2020. This brings Tabby's total funding to $9M to date.