Edit

Tamara

https://www.tamara.co/

Last activity: 07.03.2026

Active

Categories: FinTechInterestITPlatformProviderShop

Tamara is the leading Buy Now Pay Later provider in the MENA region. Our mission is to empower people to shop through an honest, transparent and inclusive financial solution. We provide a Buy Now Pay Later solution for customers to pay with the ability to split their payments in 3 or 6 - no fees, no interest.

The company operates out of its HQ in Saudi Arabia and it has offices across the UAE, Germany and Vietnam.

تمارا هي شركة تقنية مالية رائدة في مجال “اشتر لآن وادفع لاحقا” في منطقة الشرق الأوسط وشمال أفريقيا. مهمتنا هي تمكين العملاء من التسوق والدفع من خلال حلول مالية موثوقة وشفافة وشاملة. توفر تمارا خيار تقسيم الفاتورة الخاص بالعملاء إلى 3 أو 6 دفعات بدون فوائد.

تعمل الشركة من مقرها الرئيسي في المملكة العربية السعودية ولديها أيضا مكاتب في الإمارات العربية المتحدة وألمانيا وفيتنام.

Followers

30.54K

Website visits

1.3M /mo.

Mentions

Location: Saudi Arabia, Riyadh

Employees: 51-200

Total raised: $3.11B

Valuation: $1B

Founded date: 2020

Investors 3

Date	Name	Website
29.01.2023	Shorooq In...	shorooq.co...
-	IMPACT46	impact46.s...
-	Khwarizmi ...	khwarizmiv...

Funding Rounds 6

Date	Series	Amount	Investors
20.09.2025	-	$2.4B	-
22.01.2024	Series C	$340M	-
21.03.2023	-	$150M	-
12.09.2022	Series B	$100M	-
24.04.2021	Series A	$110M	-
21.01.2021	Seed	$6M	-

Mentions in press and media 34

Date	Title	Description
07.03.2026	Diligent AI: €2.1 Million Raised For AI Agents Automating KYC And AML Workflows	Diligent AI, a company developing artificial intelligence agents for financial crime compliance operations, announced that it raised $2.5 million (about €2.1 million) in funding. The round was led by Speedinvest and Shapers, with continued ...
04.11.2025	Endeavor Wraps Up Riyadh Forward 2025 Having Spotlighted Saudi Arabia's Leadership in Global Entrepreneurship The event brought together more than 400 carefully selected attendees.	Endeavor Saudi Arabia concluded Riyadh Forward 2025, the latest chapter of its Forward Series, on October 26. With Endeavor's Forward Series annually bringing together world-class founders and investors to explore the future of entrepreneur...
23.09.2025	G42-backed Presight, Shorooq to launch $100-mn AI innovation fund	Credit: 123RF.com An artificial intelligence and big-data analytics company Presight, which is backed by Abu Dhabi's technology group G42, has partnered with a UAE-based multi-asset investment firm Shorooq Partners to launch a global AI inn...
20.09.2025	With Goldman Sachs’ support, Tamara secures record $2.4 B facility	Tamara, the first homegrown Saudi fintech unicorn, has secured the largest asset-backed facility of its kind in the region of up to $2.4 billion from major financial institutions, including Goldman Sachs, Citi and Apollo funds. This transac...
19.09.2025	MENA Digest: Saudi firms HALA, Bynow, Oman’s Rihal, others get funding	Credit: 123RF.com HALA, Saudi Arabia’s leading fintech startup, propelled funding activity in the Middle East and North Africa (MENA) region this week, securing one of the region’s largest Series B funding rounds. The company secured nine-f...
09.06.2025	With particular emphasis on Saudi Arabia, Stride Ventures expands in GCC	In a striking signal of the Middle East’s rapid financial maturation, Stride Ventures, a leading player in the global venture debt market, has announced significant expansion of its presence across the Gulf Cooperation Council – with Saudi ...
22.05.2025	Bridging the Funding Gap: The Rise of Southeast Asian Startups	Southeast Asia is a vibrant tapestry of innovation. Startups are sprouting like wildflowers, each one unique, each one promising. Yet, the landscape is not without its challenges. A significant gap looms in late-stage funding, threatening t...
20.05.2025	Attracting global VCs to bridge late-stage funding gap: DIFC Innovation Hub CEO	Mohammad Alblooshi, CEO, DIFC Innovation Hub To address the late-stage funding gap facing startups in Dubai, the Dubai International Financial Centre (DIFC) Innovation Hub is actively working to attract global venture capital (VC) firms tha...
26.01.2025	MoneyHash: Payment Orchestration Platform Company Raises $5.2 Million (Series Pre-A)	MoneyHash, one of the first and leading payment orchestration platforms operating in the Middle East and Africa (MEA), announced it secured $5.2 million in pre-A funding. The funding round was led by Flourish Ventures, a global fintech inve...
24.01.2025	"We Got Funded!" UAE-Based Pluto US$4.1 Million Pre-Series A Round Follows Launch of Platform That Supports Over 30,000 SMEs The announcement comes just weeks after the company crossed AED1B...	Dubai-based corporate card and expense management platform Pluto has raised US$4.1 million in a pre-Series A funding round. The round was led by existing and new investors, including Rhino Ventures, a Canada-based early-stage venture capita...
21.01.2025	MoneyHash Raises $5.2M Pre-A Funding	Share this: Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to email a link to a friend (Op...
27.12.2024	The 100: Abdulmajeed Alsukhan, Co-founder, and CEO of Tamara The 100: A Definite Guide to Success	Abdulmageed Alsukhan is the CEO & Co-Founder of Tamara. Before launching Tamara, he co-founded Habli in 2017, a Saudi-based logistics provider for grocery delivery, which was acquired in the same year by Nana. Alsukhan has a BA in finan...
25.11.2024	Saudi VC Vision Ventures onboards Jordanian LP for second fund	Kais Al Essa, founding partner and CEO, Vision Ventures Vision Ventures, a Saudi Arabia-based early-stage venture capital firm that backs tech-led startups in the Middle East and North Africa (MENA) region has secured a limited partner comm...
21.11.2024	Lean Technologies: Riyadh-Based Fintech Infrastructure Company Raises $67.5 Million (Series B)	Lean Technologies, a Riyadh-based fintech infrastructure platform, announced it had raised $67.5 million in Series B funding led by General Catalyst. Bain Capital Ventures, Stanley Druckenmiller’s Duquesne Family Office, Arbor Ventures, and...
12.11.2024	Fintech and Sustainability: The New Frontiers of Investment	In the bustling world of venture capital, two recent funding rounds stand out. They shine a light on the transformative power of technology in finance and construction. General Catalyst, a prominent Silicon Valley firm, is at the helm of th...
11.11.2024	General Catalyst leads $67.5M Series B round in Saudi fintech Lean Technologies	Silicon Valley venture capital firm General Catalyst has led a $67.5 million Series B funding round for Riyadh-based Lean Technologies, a fintech infrastructure platform. With this, General Catalyst marks its first investment in a Saudi s...
22.01.2024	Tamara raised $340 M Series C funding at over $1 B valuation	By raising $340 million in a Series C equity funding round, Tamara, the top fintech platform for banking, shopping, and payments in Saudi Arabia and the larger GCC, has become the first domestic fintech unicorn in the Kingdom, marking a sig...
19.12.2023	Deals in brief: Shopee buys credit arm of Brazil’s Blu, Biorithm and Blue Planet secure funding, multiple China and India deals, and more	Shopee buys Blu’s local credit arm to expand footprint in Brazil Shopee, one of the leading e-commerce companies in Southeast Asia, has bought the local credit arm of Blu, a Brazilian fintech company, according to The Business Times. The de...
18.12.2023	Saudi shopping and BNPL platform Tamara tops $1B valuation in $340M Series C funding	Tamara, a buy now, pay later platform for consumers in Saudi Arabia and the wider GCC region, has raised $340 million in a financing round that values the fintech at $1 billion. Saudi asset manager and financial institution SNB Capital and ...
21.11.2023	Deals in brief: ByHours, Edamama, and Seminal secure funding, Mirae Asset launches China-focused ETF, multiple China, India, and Middle East deals, and more	Velocity Ventures invests in ByHours The Singapore-based travel and hospitality-focused venture capital firm has announced its strategic investment in ByHours, a microstay booking platform. The funds are expected to help ByHours expand into...
21.03.2023	Tamara Receives $150M Debt Facility	Tamara, a Riyadh, Saudi Arabia-based shopping and payments platform, received a $150m debt facility. The facility, which brought total funding to $366m since its launch in September 2020, was provided by Goldman Sachs. The company intends t...
12.09.2022	"We Got Funded!" KSA-Based Fintech Startup Tamara Raises US$100 Million To Boost Product Offering And Expansion Plans	-
23.08.2022	Saudi BNPL firm Tamara raises $100m Series B	Saudi Arabian buy now, pay later (BNPL) provider Tamara has raised $100 million in a Series B round led by Sanabil Investments, a portfolio company of Saudi Arabia’s Public Investment Fund (PIF). Tamara bags $100m Series B The latest raise ...
22.08.2022	Saudi BNPL Tamara Raises $100 Million Series B	Tamara, a Saudi Arabia-based buy now- pay later (BNPL) provider, has raised $100 million in Series B funding, according to multiple reports. Tamara operates in Saudi as well as the UAE and Kuwait. Tamara is said to be the first BNPL to make...
07.09.2021	Having Raised US$110 Million In Funds, KSA Buy-Now-Pay-Later Startup Tamara Is All Set To Make A Serious Dent In MENA	September 7, 2021 7 min read Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. If you grew up around small groceries in your neighborhoo...
24.04.2021	Saudi Arabia based BNPL Fintech Finalizes $110M Series A Mega-Round led by Checkout.com	Saudi Arabia-based Tamara, a Buy Now, Pay Later (BNPL) service provider, recently confirmed that it finalized a $110 million Series A funding round led by Checkout.com. The funds raised will be used by Tamara to scale its professional team,...
24.04.2021	Saudi fintech firm Tamara raises USD 110 million in record Series A led by Checkout.com	Riyadh-headquartered buy now pay later (BNPL) platform Tamara has raised USD 110 million in its Series A funding round led by leading global payment processor Checkout.com, the company announced. The round is comprised of debt and equity an...
23.04.2021	Middle Eastern fintech Tamara lands $110M led by Checkout.com	Saudi startup Tamara has raised $110 million in Series A funding led by online payments startup Checkout.com. The haul follows a $6 million seed round in January and comes as Tamara plots its expansion across the Middle East for its buy-now...
23.04.2021	Tamara scores MENA’s largest Series A round with $110m investment	Saudi Arabian Buy Now Pay Later (BNPL) provider Tamara has secured $110 million in a Series A round led by Checkout.com. This is the largest Series A round for a fintech in the Middle East and North Africa (MENA). Tamara will use the funds ...
22.04.2021	Tamara secures $110M Series A investment	Saudi Arabia: Tamara, a Saudi Arabia-based Buy-Now-Pay-Later platform has secured a $110M Series A funding round led by Checkout.com. Founded in 2020, by serial entrepreneur Abdulmajeed Alsukhan and his partners Turki Bin Zarah and Abdulmoh...
21.01.2021	Tamara raises $6M Seed funding round	Saudi Arabia: Tamara, the Saudi Arabia-based Buy Now, Pay Later startup has announced the closing of a $6M (SAR 22.5M) Seed funding round, led by Impact46. The round also included participation from leading local and regional investors: Vis...
-	Tamara	“A means of payment and not by imagination; choose Tamara when paying and divide your bill into interest-free payments”
-	Tamara	“A means of payment, not by imagination; choose Tamara when paying and divide your bill into interest-free payments”
-	Tamara	“Enjoy flexible, hassle-free payments with Tamara. Shop and split your payments in 4 - No late fees, no interest. Visit our website for more information.”

Tamara

Investors 3

Funding Rounds 6

Mentions in press and media 34

Reviews 0