BNPL: Saudi fintech Tamara raises US$100 million

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1 September 2022 à 12h17

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Publication: 1 September 2022 à 12h17, Updated on 21 October 2022 à 21h45

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1 September 2022 à 12h17

Updated on 21 October 2022 à 21h45

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Publication: 1 September 2022 à 12h17, Updated on 21 October 2022 à 21h45

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Article by Caroline Soutarson, published on 23 August 2022

…

In Saudi Arabia, the fractional payments solution Tamara completed a US$100 million Series B capital raise on 22 August, 2022.

The deal was led by Sanabil Investments, a company owned by the Saudi Public Investment Fund. Coatue, Shorooq Partners, Endeavor Catalyst and payment service provider (PSP) Checkout.com, which led the US$110 million series A in April 2021, participated in the round.

Launched in September 2020

…
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