BNPL platform Tamara becomes 1st Saudi fintech unicorn after $340m funding round
ARAB NEWS
RIYADH: Buy now, pay later platform Tamara has become the first Saudi fintech startup to reach a $1 billion valuation after raising $340 million in its series C funding round, according to a statement.
Led jointly by SNB Capital and the Public Investment Fund’s Sanabil Investments, the capital injection bolsters Tamara’s position in Saudi Arabia’s fintech landscape as it aims to diversify its offerings.