Tabby, the Riyadh-based financial technology company, has successfully concluded a secondary share sale, solidifying its valuation at an impressive $4.5 billion. The transaction, announced on Tuesday, involved the acquisition of shares by HSG, Boyu Capital, and other investors from existing shareholders. Notably, no new shares were issued, and the company did not receive any proceeds from the sale. This strategic move underscores the confidence of investors in Tabby’s growth trajectory and market potential. Tabby, renowned for its innovative financial services, empowers millions across the Middle East to manage their finances effectively. With over 40,000 global brands, including giants like Amazon, Adidas, and IKEA, leveraging its technology, Tabby has become a pivotal player in the region’s fintech landscape. The company’s CEO, Hosam Arab, expressed pride in welcoming new shareholders who align with Tabby’s vision. Rock Wang of HSG and Joey Chen of Boyu Capital lauded Tabby’s market acumen and product innovation, highlighting its leadership in the burgeoning fintech sector.