Buy-now-pay-later provider tabby partners with Saudi’s fashion platform Styli

Tabby, the buy now, pay later (BNPL) provider, announced its partnership with Styli, Saudi Arabia’s fashion and beauty online platform.

The partnership aims to provide a more rewarding shopping experience for Styli users by splitting their purchases into four interest-free payments and earning cashback.

Styli has over 600,000 active customers and around two million monthly active users. The platform has also grown 400 per cent since its launch two years ago, a statement said.

Hosam Arab, CEO and co-founder of tabby, said: “The Styli team has accomplished more in two years than what most online retailers can in their lifetime. With Styli, we’re bringing accessibility and financial freedom to hundreds of thousands of shoppers in the Middle East.”

“We believe it’s important to provide flexibility on payment options to our customers and by partnering with the region’s leading BNPL platform, we can offer a seamless shopping experience,” added Nirmal Jain, CEO of Styli.

The announcement follows a series of initiatives that tabby has achieved this year. In August, it announced that it had raised $50m in an equity round that had valued the company at $300m.

Read: Buy-now-pay-later provider tabby secures $50m in Series B round

Last year, tabby also partnered with Saudi-based e-commerce site Salla to enable merchants to launch their online businesses using Salla’s interface.

Read: Buy-now-pay-later platform tabby in new e-commerce partnership in Saudi Arabia

It tied up with UAE’s Al-Futtaim Group in 2020 as well, to offer customers the option to buy now and pay later across a slew of its brands.

Read: UAE’s Al-Futtaim Group partners with Tabby to offer flexible shopping options