Namshi Partners With Tabby To Introduce Greater Payment Flexibility
Namshi, MENA’s premier online fashion and beauty destination, has partnered with Tabby, the MENA’s leading shopping and financial services app, to enable its customers to access flexible payment solutions.As one of the leading e-commerce platforms in the MENA region, Namshi shoppers can now choose to pay for purchases in four interest-free installments at checkout.
The partnership is part of Namshi’s ongoing commitment to providing its customers with a seamless shopping experience that is easy, enjoyable, and convenient. It also reflects Namshi’s goal of providing users with more payment options that are both flexible and user-friendly.
This partnership is the latest of several agreements that Tabby has signed with the region’s leading retailers and represents a unique milestone for its CEO and Co-Founder, Hosam Arab. Arab co-foundedNamshi in 2011, which was later acquired by Emaar Malls and, more recently, by noon.
Commenting on the announcement, Arab said:
“When we founded Namshi, we set out to create an unparalleled shopping experience for fashion lovers in the MENA region. With the support of the team at Namshi, Tabby’s now able to help continue that mission to even greater heights.”
Manav Lohia, Namshi, added, “Our customers are always looking for ways to save money, so we’re always looking for ways to give them what they want. BNPL with Tabby is a great addition to our offering, and it gives our customers more flexibility than ever when it comes to paying for what they want.”
Namshi users can now benefit from Tabby’s services once they update their app to its latest version available on the App Store and Google Play.
Last month Tabby raised $58m from leading investors such as Sequoia Capital India, STV, Paypal Ventures and others. The company also works with over 10,000 brands, including 9 out of the ten largest retail groups in MENA, and more recently launched with noon, the region’s largest e-commerce marketplace. Last year, Tabby crossed 3 million active shoppers and grew 5x in revenue over the previous year.
