Tag "Tamara"

The Top 10 Fintechs in Middle East in 2024

Forbes Middle East has unveiled its Fintech 50 ranking, recognizing the region’s leading players that are revolutionizing the fintech landscape in the underserved region, spanning digital payment companies, open banking platforms, investment, saving, and lending apps. The list was constructed

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Saudi’s Tamara Is Now a Fintech Unicorn

Tamara, a leading fintech platform to shop, pay and bank in Saudi Arabia and the wider GCC region, has achieved the historic milestone of becoming the Kingdom’s first homegrown fintech unicorn by securing $340 million in a Series C equity

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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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