Tamara

Tamara is a fintech company in Riyadh, Saudi Arabia, founded in 2020. It has raised $150.0M across 1 round, most recently a $150.0M Venture Round in March 2023.

Buy now pay over 24 months in Saudi Arabia (BNPL)

Headquarters
Riyadh
Employees
201–500
Founded
2020
Business Model
B2C
Website
tamara.co
Total Funding
$150.0M
Last Round
$150.0M Venture RoundMar 2023
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round for this company. The full record is or through the API.

About

Tamara is the leading shopping and payments platform in the GCC, operating in Saudi Arabia, the United Arab Emirates, and Bahrain. Shoppers use Tamara for Sharia-compliant pay-in-full and split-in-2, 3, or 4 options with no hidden fees or interest, plus pay-later plans of up to 24 months online and in store. Merchants receive the full purchase price upfront while Tamara covers fraud and credit risk. Tamara Finance Company is a SAMA-licensed Saudi joint-stock firm whose mission is to help people own their dreams by widening access and removing friction from everyday payments.

Summary

It lists 201–500 employees. It has raised $150.0M in total across 1 round, most recently a $150.0M Venture Round in Mar 2023.

Tech & App Stack

7 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Venture RoundGrowth RoundMar 2023
$150.0M

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