The equity funding round also saw participation from Bluepool Capital, and existing investors STV, Mubadala Investment Capital, PayPal Ventures and Arbor Ventures.
Following the fresh fundraise, Tabby claims it has become the region’s first fintech unicorn, ahead of its planned initial public offering (IPO) in Saudi Arabia, where it is now headquartered. The fintech firm last raised $58 million in the beginning of this year as part of its Series C, and was then valued at $660 million.
