Tamara

Financial ServicesSeries CRiyadh, Saudi Arabiatamara.co

Latest round

Series C

Last raised

Dec 2023

Total raised

$453M

Investors

15

About Tamara

Based in Riyadh, Saudi Arabia, and founded in 2020, Tamara Finance Company, formerly known as Nakhla IT Systems LLC, operates as a fintech company that provides a buy-now-pay-later solution that enables customers to pay on an installment method. Abdulmajeed Alsukhan (CEO), Turki Bin Zarah, and Abdulmohsen Al Babtain are the co-founders of the company. Tamara is a provider of a Buy-Now-Pay-Later platform with two primary products: Pay in 30 days, which allows customers to pay an order amount without incurring any additional costs, and Pay in 3, which allows users to split it into three payments. The firm partners with Farfetch, Noon, Shein, Ikea, and others.

Who invested in Tamara

15 investors across 4 rounds

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Funding rounds

  1. Series C

    Dec 18, 2023

    Amount

    $347M

    Investors

    Locked

  2. Series B

    Aug 22, 2022

    Amount

    $100M

    Investors

    Locked

  3. Seed

    Jan 20, 2021

    Amount

    $6M

    Investors

    Locked

  4. Seed

    May 1, 2020

    Amount

    $0.8M

    Investors

    Locked

Questions about Tamara

Who invested in Tamara?

Tamara has 15 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Tamara raised?

Tamara has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Tamara last raise money?

Tamara's most recent round on record is a Series C, in Dec 2023.

What does Tamara do?

Based in Riyadh, Saudi Arabia, and founded in 2020, Tamara Finance Company, formerly known as Nakhla IT Systems LLC, operates as a fintech company that provides a buy-now-pay-later solution that enables customers to pay on an installment method.

Where is Tamara headquartered?

Tamara is headquartered in Riyadh, Saudi Arabia.

Which VCs invest in companies like Tamara?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Tamara's stage. Their profiles are linked below.

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