Tag "Tamara"
Saudi’s Tamara Secures $250 Million Debt Financing
Tamara, a leading fintech platform to shop, pay, and bank in Saudi Arabia and the wider GCC region, has secured an additional up to $250 million in debt financing, bringing its total warehouse facility to up to $400 million. The
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The Saudi Central Bank Permits Additional BNPL Company
The Saudi Central Bank (SAMA) permitted “Tabby” to provide Buy Now Pay Later (BNPL) solutions. With Tabby, there are now five authorized companies offering BNPL solutions in Saudi Arabia. The BNPL solutions provide finance to customers wishing to buy products
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Saudi Central Bank Permits New BNPL Company
The Saudi Central Bank (SAMA) granted “Tamara” a permit to provide Buy Now Pay Later (BNPL) solutions pursuant to Saudi Central Bank Law and Finance Companies Control Law. With Tamara, there are now four authorized companies offering BNPL solutions. SAMA
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MENA Fintech Awards 2022 Names the Region’s Best Fintech Companies
The inaugural MENA Fintech Awards organised by the MENA Fintech Association (MFTA) came to a close on 15 November with an awards ceremony hosted by the Abu Dhabi Finance Week (ADFW). The awards, organised in partnership with consulting firm Grant
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Saudi Fintech Tamara Secures Record $100M Series B Round
Saudi fintech startup Tamara, a leading payments startup focused on driving financial inclusion across the Middle East, has raised a $100m Series B equity round led by Sanabil Investments, with participation from Coatue, Shorooq Partners, Endeavor Catalyst and a follow-on
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6 Biggest Fintech Funding Rounds in the MENA Region in 2021
Fintech funding is at an all-time high in the MENA region. This year, investors have ploughed much needed investment monies into fintech startups in the MENA region, with fintech claiming one in every four deals in the region went to
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12 Fintech Startup Founders in the Middle East That Are Making Waves
There’s a lot of buzz doing the rounds for fintech startups in the Middle East, but not too much is known about the faces behind these companies – fintech startup founders. Founders and founding teams are often the make-or-break of
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9 Startups Lead Saudi Fintech Startup Funding in H1 2021
The first half of 2021 has been eventful for Saudi fintech startup funding. H1 saw deal sizes ranging from as little as US$670,000 to a hefty US$110 million. Moreover, ranking second by funding in the MENA region, VC funding increased
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Saudi’s Buy Now Pay Later Platform Raises US$ 110 Million Led by Checkout.com
Tamara, a Saudi Buy Now, Pay Later (BNPL) platform announced the closing of its Series A funding round by raising US$ 110 million led by Checkout.com. The cash injection will be used by the company to scale its team, expand
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Saudi Fintech Tamara Raises US$ 6 Million in Largest Seed Funding Round in the Kingdom
Tamara, a Saudi-based buy now pay later platform, announced the closure of its seed funding round with an investment of 22.5 million Saudi riyals (US$ 6 million) led by the Impact46 Venture Capital Fund. The startup reported that this is
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