The partnership will enable Tamara to grow its product suite through added value services provided by Mastercard
Tamara
Saudi BNPL market to hit $53bn by 2030 as Tabby readies for IPO
Tabby, the leading player in the BNPL market in Saudi Arabia and the region, raised $160 million last week at an estimated $3.3 billion valuation, apparently in a final funding round ahead of an IPO
Tabby says no ‘new minimum’ as some online UAE stores set AED300 order threshold
New threshold targets larger transactions over smaller purchases
Saudi BNPL provider Tamara raises $150mn debt financing from Goldman Sachs
The funding brings the total equity and debt up to $366 million since its launch
Saudi BNPL Tamara raises $100 million in Series B fund round
Tamara will use the funds to introduce new services and products, as well as to expand to new markets
Saudi-based BNPL startup Tamara expands operations to UAE
The buy-now-pay-later company said it already has Namshi, SHEIN and Swarovski on board and hopes to sign up hundreds more merchants in the coming months
Saudi SMEs race to the cloud
Public cloud spending in Saudi Arabia will cross the $950 million mark in 2022 and will grow at CAGR 24 percent by 2025, new research indicates
Checkout.com leads $110 million round for Saudi fintech Tamara
Proceeds of the Series A capital raise, which includes both equity and debt, will be used to bankroll Tamara’s expansion across the Gulf markets by the end of this year and then the rest of the Middle East