UAE’s buy-now-pay later platform Tabby expands to Egypt

Tabby, the Middle East’s payments and shopping app, has announced its launch in Egypt, enabling shoppers to pay over time without any interest or fees.

Tabby works with multiple brands including Lacoste, L’azurde, Faces, In Your Shoe, Kai Collections, Ariika, Marcqa, Dresscode and Floward, among others, to offer flexible payments at checkout, creating an opportunity for Egyptians to stay in control of their spending.

Ahmed Khalil, Tabby Egypt’s GM, said, “Expanding in Egypt is a proud moment for us at Tabby. We’re excited to provide Egyptians with flexible and honest payment experiences with no interest and no fees. We’re also delighted to be a growth partner for our retail partners by helping them tap into millions of active shoppers”. Khalil added, “After securing $275m in funding from leading global and regional investors, we’re looking forward to becoming Egypt’s preferred BNPL services provider.”

The company currently ranks among the top 10 shopping apps in the Middle East with more than two million active shoppers. With Tabby’s “Split in 4” product, shoppers will be able to split their purchases into four interest-free payments at store checkouts, both online and offline. The app lets customers discover where they can split their payments and track their spending. Tabby also helps drive high-intent traffic to thousands of its retail partners.

Read: Tabby secures $150m credit facility from Atalaya Capital, Partners for Growth