As of September 26, 2026, Tabby has not filed a registration statement for an IPO, and no S-1 or F-1 appears on SEC EDGAR, which covers only US filings; no filing with any other exchange or regulator is described in the available reporting. FWDStart reported on September 18, 2026 that Tabby raised $233 million in a Series F round at a $6.5 billion valuation, led by Blue Pool Capital with HSG, Wellington Management, and Arbor Ventures participating, up from the roughly $4.5 billion mark set by a secondary sale in October 2025, as the company expands beyond buy-now-pay-later into lending and SME finance. A separate FWDStart report on August 14, 2026 said that in the same week Saudi Arabia's Capital Market Authority was reported to be probing weak post-listing performance of recent Tadawul initial public offerings, Tabby reported Q2 revenue up 21 percent year-over-year to $104 million, with profit down 54 percent to $3.1 million. Neither report names a listing venue, a filing, or a target date for Tabby itself. Track SEC EDGAR and any Saudi Exchange (Tadawul) or Capital Market Authority disclosures directly, not rumors or secondary-market chatter.
segmara.com publishes educational private-market context and can route limited interest into account-based private follow-up. Public pages do not create an offer, allocation, payment instruction, investment advice, or issuer-affiliated workflow.
Key points
A new round, not a listing
FWDStart reported on September 18, 2026 that Tabby raised $233 million in a Series F round at a $6.5 billion valuation. The round was led by Blue Pool Capital, with HSG, Wellington Management, and Arbor Ventures also participating.
That valuation is up from the roughly $4.5 billion mark set by a secondary sale in October 2025, according to the same report, which also said Tabby is using the new capital to expand beyond buy now, pay later into lending and SME finance. None of that is a registration statement or a stated listing date.
The valuation move
The jump from a roughly $4.5 billion secondary-sale mark in October 2025 to a $6.5 billion Series F valuation in September 2026, as reported by FWDStart, reflects a new primary funding round rather than a public market price. A secondary sale values existing shares changing hands between investors; a Series F is new capital raised directly by the company.
FWDStart's September 18, 2026 report ties the new round to Tabby's expansion beyond its core buy now, pay later product into lending and SME finance, which is one way a private company broadens the revenue base a public listing would eventually need.
Why the Saudi IPO market entered the story
A separate FWDStart report, published August 14, 2026, said that in the same week Saudi Arabia's Capital Market Authority was reported to be probing weak post-listing performance of recent Tadawul initial public offerings, Tabby reported Q2 revenue up 21 percent year-over-year to $104 million, with profit down 54 percent to $3.1 million.
The CMA probe as described concerns how other recent Tadawul listings have traded after going public, not a Tabby filing or listing plan. No S-1, F-1, or Tadawul prospectus for Tabby is described in either report, and SEC EDGAR, which covers only US filings, shows nothing for the company as of the latest review.
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Article title
When Will Tabby IPO? Its Valuation Just Hit $6.5 Billion
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2
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Segmara listed companies
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37
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Catalogue breadth100%
51 public listings
Visible pricing coverage72%
37 of 51 listings show a mark
Source depth48%
2 source links
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Interpretation
Catalogue breadth
100 / 100
51 public listings
Visible pricing coverage
72 / 100
37 of 51 listings show a mark
Source depth
48 / 100
2 source links
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Search intent
The search behind 'When Will Tabby IPO? Its Valuation Just Hit $6.5 Billion' is an access-intent query. People want to know where they can start interest in Tabby private-market exposure without needing a private equity relationship, fund connection, or insider network.
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How private-share access starts on Segmara
FWDStart reported on September 18, 2026 that Tabby raised $233 million in a Series F at a $6.5 billion valuation, led by Blue Pool Capital with HSG, Wellington Management, and Arbor Ventures, up from the roughly $4.5 billion mark set by a secondary sale in October 2025; that is a private funding round, not a filing.
The same round funds Tabby's expansion beyond buy now, pay later into lending and SME finance, according to the September 18, 2026 FWDStart report, broadening its business ahead of any potential listing.
A separate FWDStart report on August 14, 2026 said that in the same week Saudi Arabia's Capital Market Authority was reported to be probing weak post-listing performance of recent Tadawul IPOs, Tabby posted Q2 revenue up 21 percent year-over-year to $104 million, with profit down 54 percent to $3.1 million.
Risk notes
Rumor risk: unofficial dates, valuations, or funding details circulating on social media or forums are frequently wrong or outdated and should not be treated as confirmation of anything.
Illiquidity risk: any private-market interest, indicative marks, or pre-IPO share arrangements in a company that has not listed can be difficult to exit and may not reflect a tradable price.
Timing risk: a company can pause, restart, or abandon IPO preparation at any stage, including after a confidential or public filing, so no step before pricing guarantees a listing.
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Can retail investors track private-company shares on Segmara?
Yes. Visitors can start with the free Tabby tracker using email only, then decide whether a private follow-up makes sense. Availability, eligibility, pricing, allocation, transfer approval, documents, and final terms can still vary by route.
Why was this market historically hard for retail investors to reach?
Private-company share access has often moved through private equity firms, venture funds, insiders, institutions, and relationship-driven secondary networks. Segmara makes the starting point simpler: visitors can follow named private-company interest before any account, document upload, or payment step.
What is the easiest next step?
Open the free Tabby tracker first. It is email-only and keeps the public step narrow while final availability, pricing, eligibility, and terms are handled only through private follow-up.
Has Tabby confirmed an IPO date?
No. As of the latest site review, no S-1 or F-1 has been filed, and SEC EDGAR, which covers only US filings, shows nothing for Tabby. FWDStart reported on September 18, 2026 that Tabby raised $233 million at a $6.5 billion valuation, but neither that report nor the August 14, 2026 FWDStart report describes a listing date or venue.
What is Tabby worth?
The most recent figure is a $6.5 billion valuation, set by a $233 million Series F reported by FWDStart on September 18, 2026 and led by Blue Pool Capital with HSG, Wellington Management, and Arbor Ventures. That is up from the roughly $4.5 billion mark set by a secondary sale in October 2025.
Why did Saudi Arabia's IPO market come up in the same reporting?
A separate FWDStart report on August 14, 2026 said that in the same week Saudi Arabia's Capital Market Authority was reported to be probing weak post-listing performance of recent Tadawul IPOs, Tabby posted Q2 revenue up 21 percent year-over-year to $104 million, with profit down 54 percent to $3.1 million. The CMA probe as reported concerns other Tadawul listings, not a Tabby filing.
Can I buy Tabby shares before the IPO?
Not through a public exchange. Tabby is a private company, and any private-share offer you encounter should be verified independently before you rely on it. Segmara does not sell, broker, or arrange purchases of Tabby shares.
Next step
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If this article helped explain Tabby, start with the free tracker: indicative pre-IPO marks by email. No card, no documents, no brokerage account, and no allocation promise.
When a full account makes sense, Segmara can route limited interest into an account-based private follow-up. Availability, pricing, eligibility, allocation, transfer approval, liquidity, and final terms can vary by company and route.