Gulf buy now, pay later (BNPL) firm tabby said on Monday it raised an additional $54 million from mostly existing investors including Abu Dhabi state fund Mubadala Investment Capital, as part of an extended funding round that began last summer.

The company said the fresh funds, which count as part of a series B round that took place in August, would be used to support international expansion and consumer product offering. The company raised $50 million in August as part of the same round, and the latest fundraising brings the total for the offering to $104 million. tabby said it also brought in Sequoia Capital India, an arm of California-headquartered VC firm Sequoia Capital.

http://www.tabby.eu/

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

Gulf Buy Now, Pay Later Firm Tabby Raises Another $54M From Mubadala, Others

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Gulf Buy Now, Pay Later Firm Tabby Raises Another $54M From Mubadala, Others

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