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Walkers advises Tabby on US$160 million Series E Fundraising

Feb 18, 2025

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Walkers, as Cayman Islands counsel, assisted lead counsel Latham & Watkins, in advising Tabby, the MENA region’s leading financial services and shopping app, on its US$160 million series E funding round, pushing its valuation to US$3.3 billion. 

The round was led by existing investors Blue Pool Capital and Hassana Investment Company, with participation from Wellington Management and STV. 

We also advised Tabby on its Series D financing in October 2023. Since then, the company has almost doubled its annualized transaction volumes to over US$10 billion while growing profitability.

Tom Cochrane, funds partner, commented: "It's great to be involved on another remarkable transaction for Tabby, and we are pleased to have been able to support them. It has allowed us the opportunity to demonstrate our team's strengths in advising on high complex transactions in this space. Congratulations to everyone involved." 

The Walkers team was led by Tom Cochrane (Partner, Corporate & Funds) with support from Reghard Smith (Senior Counsel, Corporate & Funds) and Tania Diab (Associate, Corporate & Funds).
Corporate, Mergers & AcquisitionsCayman IslandsDubai

Media Contact

Shana Ray

Head of Business Development - Asia and Middle East

T/+852 2596 3302
M/+852 9030 6084
E/Email Shana Ray

Key Contacts

Get in touch with our team

Tom Cochrane
Tom Cochrane

Tom Cochrane

Partner

Dubai

T

+971 4 363 7913

M

+971 50 653 5977

E

Email Tom Cochrane
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Reghard Smith
Reghard Smith

Reghard Smith

Senior Counsel

Dubai

T

+971 4 363 7931

M

+971 50 684 5516

E

Email Reghard Smith
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Tania Diab
Tania Diab

Tania Diab

Associate

Dubai

T

+971 4 363 7910

M

+971 56 466 9029

E

Email Tania Diab
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