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Sequoia Capital India and STV led a $58m Series C funding round in Tabby.

Synopsis

Sequoia Capital India, a venture capital firm, and STV, a technology venture capital fund, led a $58m Series C funding round in Tabby, a buy now, pay later startup, with participation from PayPal Ventures, Mubadala Investment Capital, Arbor Ventures and Endeavor Catalyst. The funding will be used to expand Tabby’s product line into a plethora of consumer financial services and support the company’s growing operations that now include Egypt.

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