According to menabytes.com, the round is comprised of debt and equity and comes after the company raised USD 6 million in January 2021, in the country’s largest seed round.
Tamara was launched in September 2020 and it enables online and offline merchants in Saudi Arabia and the United Arab Emirates to offer BNPL services to their customers. The platform allows customers to defer their payment for 30 days or pay it in 3 instalments over the course of two months. The options are available on the checkout pages and through in-store QR codes. Customers can pay for their purchases using Tamara’s mobile app which supports different payment methods including Mada, Visa, Mastercard, and Apple Pay.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright