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Details

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  • Company Type For Profit

Tamara is the leading shopping and payments platform in Saudi Arabia and the GCC region, with a mission to empower people in their daily lives and revolutionize how they shop, pay and bank.

The company was founded by serial entrepreneur Abdulmajeed Alsukhan along with his partners Turki Bin Zarah and Abdulmohsen Al Babtain. Tamara has over 350

employees and operates out of its headquarters in Riyadh, Saudi Arabia and has offices in the UAE, Egypt, Germany and Vietnam.

Tamara has raised up to $366 million in equity and debt since its launch in September 2020. Investors in Tamara include Sanabil Investments, a wholly owned company by the Public Investment Fund (PIF), Checkout.com, Coatue, Shorooq Partners, Endeavor Catalyst and now Goldman Sachs.

Tamara has 6 million customers and more than 15,000 partner merchants including leading global and regional brands such as SHEIN, Jarir, Noon, IKEA, H&M as well as local small and medium businesses.

Lists Featuring This Company

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Financial Services Companies With Fewer Than 1000 Employees (Top 10K)
9,588 Number of Organizations • $607.9B Total Funding Amount • 48,438 Number of Investors
Middle East Unicorn Startups
18 Number of Organizations • $8.1B Total Funding Amount • 278 Number of Investors
E-Commerce Unicorn Startups
121 Number of Organizations • $73.2B Total Funding Amount • 1,944 Number of Investors
Middle East Companies With Fewer Than 1000 Employees (Top 10K)
9,823 Number of Organizations • $117.1B Total Funding Amount • 18,872 Number of Investors

Frequently Asked Questions

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Where is Tamara's headquarters? Tamara is located in Riyadh, Ar Riyad, Saudi Arabia.Who invested in Tamara? Tamara has 17 investors including Endeavor Catalyst and Sanabil.How much funding has Tamara raised to date? Tamara has raised
$955.6M
.When was the last funding round for Tamara? Tamara closed its last funding round on Dec 18, 2023 from a Series C round.Who are Tamara's competitors? Alternatives and possible competitors to Tamara may include BillEase, PayTabs, and Autobooks.