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New Deal


Announced

Completed

Arbor Ventures led a $23m Series A round in Tabby.

Financials

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Transaction Value£18m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Cross Border

Acquisition

Private Equity

Single Bidder

United Arab Emirates

FinTech

Minority

Friendly

e-payment

Venture Capital

Completed

Synopsis

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Arbor Ventures, a venture capital firm, led a $23m Series A round in Tabby, a FinTech startup, with participation from STV, Global Founders Capital, Raed Ventures, Global Ventures, Jameel Investment Management, HOF Capital, MSA Capital, and Arab Bank. “The shift to online retail has never been more evident, and with it, consumers are becoming ever more demanding as they actively seek convenience and reliability in their shopping experience. And this includes how they pay for their purchases. We’re very proud of the value we’ve been able to bring our retail partners by providing their customers with an exceptionally convenient and flexible way to pay,” Hosam Arab, Tabby Co-Founder and CEO.

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