The funding will be used to aid the company as it expands its user base and alliances with retailers.
Founded in 2019, tabby partners with retailers to offer customers the option to defer payments for their purchases for up to 30 days or to pay in four equal monthly instalments. Customers are able to use the service across more than 500 integrated merchants including brands like IKEA, Toys R Us, and Ace Hardware.
As part of its recent expansion, tabby has partnered with Landmark Group, a UAE-based retail and hospitality conglomerate, to offer customers the ability to pay in instalments across all of the group’s retail brands.
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