Press and Media

Tamara Launches Split in 6 For Online Purchases with IKEA Saudi Arabia

Tamara, the leading Buy Now, Pay Later platform in MENA, has introduced “Split in 6” for online purchases with IKEA Saudi Arabia by Alsulaiman Group.

The “Split in 6” solution for IKEA will allow customers to buy online and split their invoices into 6 payments, with no interest or hidden fees. With this feature, Tamara aims to enhance customers’ experience by offering them a convenient, hassle-free payment alternative while still ensuring the best-added value to IKEA. This partnership with .... Read more

Tamara announces the largest Series A round in MENA, $110 million led by Checkout.com

Tamara, the leading Saudi Buy-Now-Pay-Later platform announced the closing of the largest Series A funding round in MENA of $110 million led by Checkout.com. The investment will help Tamara expedite its expansion across the GCC by the end of 2021 and the greater region thereafter.

Founded in 2020, by serial entrepreneur Abdulmajeed Alsukhan and his partners Turki Bin Zarah and Abdulmohsen Albabtain, Tamara was the first BNPL firm to be .... Read more

Tamara, The Saudi Buy Now Pay Later Startup Closes $6M Seed Funding

Tamara, the Saudi-based Buy-Now-Pay-Later pioneer, announced the closing of a $6M (SAR 22.5M) Seed round investment led by Impact46. The round is considered the largest Seed in Saudi Arabia and involved leading local and regional investors including Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala, and Nama, in addition to multiple family offices. This funding round aims to back Tamara’s growth and operations in Saudi Arabia and the United Arab Emirates.

Tamara has been rapidly growing since joining SAMA’s Fintech Sandbox and operating officially in the Kingdom. The fintech startup .... Read more