Tabby receives major regulatory approval from UAE central bank. The fintech company has been granted a stored value facilities license by the Central Bank of the UAE, enabling it to launch spending accounts, cards, and money management tools across the GCC region. This milestone marks Tabby's expansion beyond buy now pay later services into a comprehensive financial platform. The company already operates in Saudi Arabia with a BNPL license and serves millions of customers across the region. With this new authorization, Tabby can now embed financial services directly into its existing app infrastructure, strengthening its competitive position in the Gulf's digital banking sector and supporting its growth strategy across multiple markets.
