Tech Company Financing Transactions
Tamara Funding Round
Tamara closed a $340 million Series C venture capital round on 12/18/2023. Backers included Sanabil Investments, Impulse VC and Pinnacle Capital.
Transaction Overview
Company Name
Announced On
12/18/2023
Transaction Type
Venture Equity
Amount
$340,000,000
Round
Series C
Investors
Proceeds Purpose
amara will focus on providing its customers with risk management tools to enable them to pay on time and offer options that align with their financial capabilities, avoiding offering more than they can afford and subsequently profiting from late payments.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
6901 Sub-Takhassus Road, Al-Rahmaniya District
Riyadh, Undisclosed
SA
Riyadh, Undisclosed
SA
Phone
Undisclosed
Website
Email Address
Overview
Tamara is MENA's leading payments innovator, focused on providing a seamless experience for merchants and customers through fair and transparent financial solutions. The company's flagship Buy Now Pay Later platform lets shoppers split their payments online and in-store with no interest and no hidden fees.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Abdulmajeed Alsukhan
Chief Financial Officer
Stefan Marciniak
Chief Operating Officer
Turki Zarah
Chief Technical Officer
Zaenal Toguliga
Co-Founder
Abdulmohsen Albabtain
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Where The Data Comes From
We do our best to record tech company VC transactions. VC investment data records on this site are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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