Funding Round · BNPL · 2023

Tamara Series C funding round at $1B valuation

Tamara raised $340M Series C led by SNB Capital, Sanabil Investments, Shorooq Partners, Pinnacle Capital, Impulse on December 19, 2023.

Primary
Tamara
Counterparty
SNB Capital, Sanabil Investments, Shorooq Partners, Pinnacle Capital, Impulse
Amount
$340M
Structure
Series C
Date
December 19, 2023
Sub-sector
BNPL

Saudi BNPL platform reaches unicorn status with $1B valuation, demonstrating regional fintech investment momentum and PIF backing for homegrown financial innovation.

Primary company
Tamara
Amount
$340M
Event date
December 19, 2023
Sub-sector
BNPL
HQ
Not disclosed
Structure
Series C
Source published
December 18, 2023
Publisher
TechCrunch via Yahoo Finance

Source: news.yahoo.com