Tamara in the news

Tamara reported a massive 378% increase in Q1 2026 profits to 123.4 million SAR, signaling a shift toward operational maturity and sustainability.

Tamara's net profit jumped 378% to 123 million riyals in the first quarter of 2026 due to strong revenue growth and operational efficiency.

Regional BNPL leaders Tamara and Tabby reported combined profits of 191.5 million SAR in Q1 2026, marking a shift toward financial sustainability despite differing growth rates and regulatory debt challenges.

Tamara increased its credit approval rate by 32% by integrating Lean Technologies' Open Banking data to better assess non-salaried customers.

Tamara partnered with Lean Technologies to integrate Open Banking data, expanding credit access by 32% for the modern workforce by better assessing non-traditional income streams.

Tamara secured a record $2.4 billion asset-backed financing led by Goldman Sachs to expand its BNPL fintech services in line with Saudi Vision 2030.

Saudi fintech Tamara secured $2.4 billion financing to expand credit and payment offerings, growing beyond 20 million customers.

Tamara secured a $2.4 billion asset-backed facility from Goldman Sachs, Citi, and Apollo funds to expand credit products, payment innovation, and regional growth.

Tamara Finance Co. is arranging at least $1.4 billion in asset-backed financing involving major banks to refinance and expand previous debt.

Saudi fintech Tamara is securing over $1.4 billion in financing led by Goldman Sachs to refinance and expand its credit facility.

Tamara operates a buy-now-pay-later platform across the GCC with 16 million users, merchant partnerships, and substantial funding, recently gaining preliminary licensing from Saudi Central Bank.

SAMA licensed Tamara Finance to provide consumer financing and BNPL services to enhance financial inclusion in Saudi Arabia.

Tamara is the leading shopping and payments platform in the region, facilitating customer and merchant experiences with its financial solutions.

Tamara, a leading GCC fintech platform, offers installment payment services across Saudi Arabia, UAE, and Kuwait, recently becoming a unicorn after raising $900 million in funding.

flynas partners with Tamara to allow passengers to pay for flight tickets in four monthly installments.

Tamara raised an additional $250 million in debt financing to support its 'Buy Now, Pay Later' service and expand product development across the GCC.

Saudi fintech Tamara secured a $150 million debt facility from Goldman Sachs to scale its BNPL services and expand into new financial verticals across the GCC.

Tamara, a Saudi fintech company, secured $100 million in Series B funding from investors including Sanabil Investments, Coatue, Shorooq Partners, Endeavor Catalyst, and Checkout.com to expand into new markets and introduce new services.