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Tabby

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Tabby Raises $233 Million at a $6.5 Billion Valuation to Expand Financial Services

Tabby Raises $233 Million at a $6.5 Billion Valuation to Expand Financial Services

Fintech company Tabby has closed a $233 million Series F round, raising its valuation to $6.5 billion, with the transaction still subject to regulatory approvals, including approval from the Saudi Central Bank. The company will use the funding to expand its credit and money management services in Saudi Arabia and the UAE after moving beyond its buy now, pay later model.

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Qatar’s Rasmal Ventures Invests in Yuno’s $45 Million Funding Round

Qatar’s Rasmal Ventures Invests in Yuno’s $45 Million Funding Round

Rasmal Ventures joined the Series B funding round of payments infrastructure company Yuno, led by Global PayTech Ventures with participation from investors including Andreessen Horowitz and Tiger Global. The move coincides with Qatar becoming the company’s regional hub in the Gulf Cooperation Council countries.