23 April 2021
Written By FinTech Alliance in Consumer Lending
Saudi BNPL payments firm Tamara has raised $110mn Series A funding.
In Brief:
Checkout.com is leading the round which includes both equity and debt.
Operating in Saudi Arabia and the UAE, Tamara offers a buy now, pay later model.
It raised $6mn seed funding earlier this year.
What does this mean?
The fresh funding will be used to expand Tamara’s offering across the Gulf markets, and then next year throughout the rest of the Middle East.
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