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Tamara raises $100m in Series B funding

Saudi Arabia based BNPL startup raised $100m in a Series B funding led by Sanabil Investments.

“Tamara has emerged as the payment method of choice for millions of consumers across the region. As the leading payments provider in MENA, Checkout.com’s investment demonstrates our belief in Tamara’s exceptional team and our commitment to supporting digital growth in the region. As such, Checkout.com will also serve Tamara as a payment method to our merchants — to compound growth in one of the fastest-growing markets globally,” said Remo Abbondandolo, VP for MENA at Checkout.com.

Tags

bnpl, em