Tabby has expanded its presence in Saudi Arabia after securing consumer finance and SME finance licenses from the Saudi Central Bank (SAMA), allowing the fintech to move beyond its traditional buy now, pay later (BNPL) offering. The new licenses enable eligible customers to finance purchases between SAR 2,000 and SAR 50,000 (about $533–$13,300) over up to 12 months through Shariah-compliant Murabaha financing, while also allowing Tabby to provide working capital to merchants on its platform.