Strategy Note /
MENA

Tabby’s strong momentum reaffirms our view that the BNPL story isn’t over

  • BNPL valuations are down around 80% compared to last year due to various challenges, but it’s not all bad news

  • UAE’s Tabby has raised a large debt funding round as the company is growing sharply and profitability is improving

  • Tighter regulations, tough competition, impact of rising rates, and consolidation are some of key BNPL trends to watch

Tabby’s strong momentum reaffirms our view that the BNPL story isn’t over
Rohit Kumar
Rohit Kumar

Global Financials/Thematics

Contributors
Rabail Adwani
Rahul Shah
Tellimer Research
8 August 2022
Published byTellimer Research

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