> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# UAE-based fintech Tabby raises $150 million in funding
- URL: https://www.techloy.com/uae-based-fintech-tabby-raises-150-million-in-funding/
- Published: 2022-08-03T10:24:32.000Z
- Updated: 2022-12-07T22:18:15.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, BNPL, Tech in UAE

[Tabby,](https://tabby.ai/en-AE) a UAE-based fintech startup has raised $150 million in its debt funding round from Atalaya Capital Management and Partners for Growth (PFG), an existing investor.

- The fund will be used to support the fintech's growth in transaction volumes and product expansion.
- Founded in 2019, Tabby offers a buy now pay later (BNPL) facility for shopping online and offline, and also provides credit solutions and financial flexibilities for consumers in the MENA region.
- Partners for Growth (PFG), an existing investor in Tabby increased its initial offering of $50 million in the fintech, bringing the total raise to $275 million since launch.
- The fintech 10xed its revenues, 8xed its active customers, and 3xed its active retailer partners in H1 2022\.