Tamara: Funding, Investors & Team (Sep 2026)
Tamara is a fintech startup that offers a buy now, pay later platform that enables customers to pay on an installment basis, helping merchants to grow their sales. It specializes in the fields of financial services, fintech, and mobile apps. In 2020, Abdulmajeed Alsukhan, Turki Bin Zarah, and Abdulmohsen Albabtain co-established the company in Riyadh, Ar Riyad, Saudi Arabia.
Tamara has raised $116M across 2 funding rounds on record, the most recent a Series A of $110M announced in Apr 2021.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Tamara Company Profile and Key Stats
Latest funding round on record: Apr 2021.
Tamara Funding Rounds
Tamara raised $6.0M in a Seed announced in Jan 2021.
3 months later, a Series A of $110M was announced in Apr 2021.
Tamara Founders and Leadership Team
No contact details are on record for this team yet.
Tamara Funding Compared to Other Financial Services Startups
Tamara's latest round of $110M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Tamara in Financial Services and Riyadh
Companies Similar to Tamara
Bidaya is a provider of home financing services.
Derayah Financial is a digital investment firm and brokerage that provides online access to local and global…
AviLease is an aircraft lessor with a portfolio of the latest generation, environmentally friendly aircraft,…
D360 Bank is a digital bank that offers mobile-based banking services, including account management,…
Stitch develops payment infrastructure and financial technology tools that support online and in-person…
Muhlah is a Saudi fintech company.The company provides microfinancing focused on credit discipline,…
Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable…
Snbla is a financial technology startup based in Riyadh that is changing the way people save for expensive…
شركة أريب المالية هي شركة مساهمة سعودية مقفلة ، ومقرها الرئيسي بمدينة الرياض، مرخصة من قبل هيئة السوق المالية…
NQOODLET is an electronic platform targeting SMEs to manage their expenses, purchases through the credit…
uba is a healthtech platform revolutionizing the way businesses manage and finance employee healthcare in…
Moneymoon is the first P2P lending app in Saudi Arabia that offers a one-month loan model tied to salary,…
Tamara Funding FAQs
What does Tamara do?
Tamara is a fintech startup that offers a buy now, pay later platform that enables customers to pay on an installment basis, helping merchants to grow their sales. It specializes in the fields of financial services, fintech, and mobile apps. In 2020, Abdulmajeed Alsukhan, Turki Bin Zarah, and Abdulmohsen Albabtain co-established the company in Riyadh, Ar Riyad, Saudi Arabia.
How much funding has Tamara raised?
Tamara has raised $116M across 2 rounds on record. The most recent is a Series A of $110M announced in Apr 2021.
When did Tamara last raise funding?
Tamara's most recent funding round on record is a Series A of $110M, announced in Apr 2021.
Who is the CEO of Tamara?
Abdulmajeed Alsukhan is listed as CEO at Tamara.
Where is Tamara headquartered?
Tamara is based in Riyadh, Ar Riyad, Saudi Arabia.
How many employees does Tamara have?
Tamara is in the 51-100 employee band.
How does Tamara's funding compare to other Financial Services startups?
Tamara's latest round of $110M is above the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.
About FundedIQ's Tamara Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Tamara is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.