Tabby Raises $160 Million in Series E Round, Valuation Hits $3.3B

Tabby has raised $160 million in a Series E funding round, led by Blue Pool Capital and Hassana Investment Company, with participation from STV and Wellington Management.

The funding has raised the company’s valuation to $3.3 billion, and will be used to accelerate the development of new financial services, including digital spending accounts, payments, cards, and money management tools.

Last year, Tabby announced the acquisition of Twaik, enabling it to offer payment cards.

The company states that it has over 15 million users and more than 40,000 registered merchants using its services.