Dubai-based ]BNPL platform Tabby has launched in Egypt

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Dubai-based buy now, pay later (BNPL) platform Tabby has launched in Egypt, hoping to take advantage of the Arab world’s most populous country.

Backed by leading regional and global investors with $275 million in its war chest, the Dubai startup aims to ride the wave of e-commerce in Egypt that hit $5.2 billion in revenue last year.
“We are thrilled to be a growth partner for our retail partners, assisting them in reaching millions of active shoppers,” said Ahmed Khalil, Tabby’s general manager in Egypt, in a statement. abby enables customers to buy goods and pay for them in interest-free instalments without the need for a credit card. Tabby claims to have over 2 million active users in Saudi Arabia, the United Arab Emirates, and Kuwait.

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Dubai-based ]BNPL platform Tabby has launched in Egypt

Dubai-based buy now, pay later (BNPL) platform Tabby has launched in Egypt, hoping to take advantage of the Arab world’s most populous country.

Backed by leading regional and global investors with $275 million in its war chest, the Dubai startup aims to ride the wave of e-commerce in Egypt that hit $5.2 billion in revenue last year.
“We are thrilled to be a growth partner for our retail partners, assisting them in reaching millions of active shoppers,” said Ahmed Khalil, Tabby’s general manager in Egypt, in a statement. abby enables customers to buy goods and pay for them in interest-free instalments without the need for a credit card. Tabby claims to have over 2 million active users in Saudi Arabia, the United Arab Emirates, and Kuwait.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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