The Startup Atlas · Middle East & Israel · Saudi Arabia
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Tamara
Buy-now-pay-later and consumer credit app letting Gulf shoppers split purchases into installments, increasingly via Islamic financing.
- Founded
- 2020 · Saudi Arabia
- Founders
- Abdulmajeed Alsukhan (Co-founder & CEO) · Turki Bin Zarah (Co-founder) · Abdulmohsen Al-Babtain (Co-founder)
- Website
- tamara.co
In their words
“Saudi Arabia deserves its place on the world stage for financial technology.”On the record
- 2026-08-13Reported H1 2026 revenue of about $366.9 million and net profit of $55.3 million, both up sharply year on year. Bridge Middle East
- 2026-08-03Received its first credit rating, an investment-grade A- with stable outlook from Simah Rating Agency (Tassnief). Tamara (press release)
- 2023-12-18Raised a $340 million Series C, becoming Saudi Arabia's first fintech valued at $1 billion. Arab News
Verified by IRIS on 2026-11-13. Something changed? Write to hello@iris-media.xyz.
