Reported about 4 hours ago
Saudi fintech start-up Tamara has successfully secured a financing package of up to $2.4 billion from investors including Goldman Sachs, Citi, and Apollo funds. This deal, which includes an initial $1.4 billion and an additional $1 billion contingent on approvals, will allow Tamara to enhance its credit and payment offerings, significantly increasing its lending capacity and aiming for growth beyond its current 20 million customers. Notably, Tamara is one of the largest buy-now-pay-later service providers in the Gulf region.
Source: YAHOO