Tamara

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

Riyadh, Saudi Arabia · Founded 2020 · $150.0M raised

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

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

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

Tech & App Stack

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Funding History

Venture RoundGrowth RoundMar 2023
$150.0M

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