About Tamara
Tamara is a company based in Riyadh (Saudi Arabia) founded in 2020 by Abdulmajeed Alsukhan. Tamara has raised $556 million across 8 funding rounds from investors including Citi, Goldman Sachs and Checkout.com. Tamara operates in a competitive market with competitors including Klarna, Tabby, Scalapay, Cashew Payments Technology and Postpay, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Abdulmajeed Alsukhan
- SectorsFinancial Services
- Website category Computers Electronics and Technology · Programming and Developer Software
- Email••••••••
- Phone•••• ••••
- Website tamara.co/en-SA
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$556M (USD)
in 8 rounds
- Latest Funding Round$2.4B (USD), Debt – Conventional
Sep 2025
- InvestorsCiti
& 16 more
Funding Insights of Tamara
Tamara has successfully raised a total of $556M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.4 billion completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $556M
- Total Rounds 8
- Last Round Debt – Conventional — $2.4B
- First Round $6M
(Jan 2021)
- Investors Count 17
All 8 funding rounds of Tamara with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $2.4B | Debt – Conventional | – | – | |
| Dec 2023 | $340M | Series C | – | Alahlicapital, Sanabil | |
| Nov 2023 | $250M | Debt – Conventional | – | – | |
| Mar 2023 | $150M | Debt – Conventional | – | – | |
| Aug 2022 | $100M | Series B | – | Sanabil | |
| Apr 2021 | $110M | Series A | – | Checkout | – |
| Apr 2021 | – | Debt – Conventional | – | – | |
| Jan 2021 | $6M | Seed | – | Impact46 |
17 investors in total: 17 institutional.
Investors in Tamara
Tamara has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Goldman Sachs and Checkout.com.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and funds of funds focused on early to mature stage companies and multiple funds | – | sanabil.com | Riyadh, Saudi Arabia | |
Provider of an investment platform for various stages | – | coatue.com | New York, United States | |
Early-stage investments in tech companies are made by Shorooq Partners. | 2016 | shorooq.com | Abu Dhabi, United Arab Emirates | |
Endeavor is focused on supporting high-impact entrepreneurs globally. | – | endeavor.org | New York, United States | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Venture capital firm focused on seed and growth investments | – | impact46.sa | Riyadh, Saudi Arabia | |
Venture capital investments are made in promising startups. | 2018 | visionvc.co | Dammam, Saudi Arabia | |
Wealth Well is recognized as an investment and wealth management firm. | – | wealthwell.com | Riyadh, Saudi Arabia | |
Venture building and investment services are offered by SEEDRA. | – | seedra.com | - | |
Early-stage MENA startups across sectors are invested in. | – | khwarizmivc.com | Riyadh, Saudi Arabia |
Investor details for Tamara
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Tamara
123 people are tracked at Tamara (42 in leadership, 81 in team).
| Name | Role | Group |
|---|---|---|
Abdulmajeed Alsukhan | Co-Founder & CEO | Leadership |
Fadwa Alhargan | Senior Director, Corporate Affairs | Leadership |
Yamen Fakhreddine | Vice President & General Manager | Leadership |
Stefan Marciniak | Chief Financial Officer | Leadership |
Unnikrishnan Geethagovindan | Director Of Engineering, CTO Office | Leadership |
Tamara Hashim | Head Of Strategic Partnerships | Leadership |
Rakan Alrowais | General Manager | Leadership |
Nancee Eldeeb | CX Head Of Operations | Leadership |
Sargun Bawa | Executive Vice President | Leadership |
Ali Elgamal | Evp, Chief Technology Officer | Leadership |
Hung Phan | VP - Head Of Data & AI | Leadership |
Ibtisam Alghamdi | Head Of Business Development | Leadership |
Fahad al-Swailem | Business Development Manager & Vertical Head | Leadership |
Sami Louali | Chief Revenue Officer (cro) | Leadership |
Turki bin Zarah | Co-founder And COO | Leadership |
Jasser Almadhi | Partner Onboarding Advisor | Leadership |
Rakan Alassaf | Senior Director Of Governance, Risk And Compliance | Leadership |
Jelita A. | Head Of Strategic Partnerships And SMB | Leadership |
Nithin Kuriakose | Director, Head Of Design, Brand & Experience | Leadership |
Ahmed A. | Principal - CEO Office | Leadership |
103 more people are available in the full profile.
Complete people profiles for Tamara
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Tamara
3 dated milestones of Tamara across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Tamara is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Debt – Conventional, of $2.4B.
Competitors of Tamara
Tamara operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Klarna, Tabby, Scalapay, Cashew Payments Technology and Postpay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| klarna.com | 2005 | Stockholm, Sweden | $3.19B | 369 | Point-of-sale financing is facilitated through an online platform for purchases. | |
| tabby.ai | 2019 | Dubai, United Arab Emirates | $604M | – | Purchase financing solutions are offered to businesses via installment payments. | |
| scalapay.com | 2019 | Milan, Italy | $952.67M | – | Payment solutions and installment financing are provided for e-commerce users. | |
| cashewpayments.com | 2019 | Dubai, United Arab Emirates | $10M | – | Payments are split into interest-free installments at point-of-sale. | |
| postpay.io | 2019 | Dubai, United Arab Emirates | $10M | – | Developer of an online platform for point-of-sale financing | |
| shahry.app | 2019 | Cairo, Egypt | $650,000 | – | App-based platform for purchase financing | |
| blnk.ai | 2020 | Giza, Egypt | $12.5M | – | Online platform offering point-of-sale financing loans for consumers | |
| souhoola.com | 2019 | Cairo, Egypt | – | – | Offers an app-based platform for consumer finance and merchant payment management. | |
| ratepay.com | 2009 | Berlin, Germany | – | 281 | E-commerce purchases are enabled through installment payments and invoicing options. |
Detailed competitors of Tamara
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Tamara
The website of Tamara (tamara.co) receives about 4M visits a month and ranks #11,860 among all websites worldwide, #1,627 in Programming and Developer Software.
- Monthly visits4M
▼ 13.2% vs previous month
- Unique visitors1.6M
per month
- Global rank#11,860
among all websites
- Category rank#1,627
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate36%
- Pages per visit4.1
- Average visit3 min 05 sec
- DevicesDesktop 13% · Mobile 87%
Websites whose visitors overlap most with Tamara. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ilovepdf.com | ilovepdf.com | 100% | – | #124 | – |
| github.com | 99% | 542.6M | #65 | View details | |
veepn.com | veepn.com | 91% | – | #11,148 | – |
| internetdownloadmanager.com | 87% | – | #2,758 | View details | |
| deepseek.com | 86% | 298.3M | #139 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Tamara
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Tamara
Complete news archive for Tamara
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Tamara
10 companies that operate in the same segment as Tamara (Islamic FinTech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
FWD Group is recognized as an innovative insurance provider. | 2013 | Hong Kong, China | USD 1.83 B | USD 4.35 B | – | |
Business loans are connected via an online P2P lending platform. | 2015 | Jakarta, Jakarta, Indonesia | USD 254.32 M | – | – | |
Micro-entrepreneurs and SMEs are linked to investors through P2P lending. | 2010 | Cilandak, Jakarta, Indonesia | USD 53 M | – | – | |
Shariah-compliant investments and savings are offered to individuals. | 2017 | New York, New York, United States | USD 95 M | – | – | |
Unpaid invoices are financed through an online P2P marketplace. | 2019 | Riyadh, Saudi Arabia | USD 35.17 M | – | – | |
Embedded finance solutions are provided for small businesses. | 2007 | London, England, United Kingdom | USD 42 M | – | – | |
Abhi is recognized as a fintech company in Pakistan. | 2021 | Karachi, Sindh, Pakistan | USD 19.13 M | – | – | |
Financial services are provided for MSMEs, investors, and businesses. | 2015 | Lahore, Punjab, Pakistan | USD 24.5 M | – | – | |
Developer of AI and cloud-based banking software suite | 1993 | Geneve, Geneve, Switzerland | – | USD 1.14 B | 6,430 |
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Frequently Asked Questions about Tamara
Tamara was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Tamara is headquartered in Riyadh, Saudi Arabia.
Abdulmajeed Alsukhan is the current CEO of Tamara. They have also founded this company.
Tamara is a funded company, having raised a total of $556M across 8 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Jan 2021.
Tamara was founded in 2020 in Riyadh, Saudi Arabia, within the fintech sector. Buy-now-pay-later payment solutions are offered, enabling purchases to be divided into interest-free installments. Flexible options are available for transactions at online and physical retail locations across the region. Simplicity and security are emphasized in the service, alongside Sharia compliance to support accessible financing for consumers.
Tamara has 17 investors. Key investors include Citi, Goldman Sachs, Checkout.com, Shorooq Partners, and Pinnacle Capital.
The website of Tamara receives about 4 million visits a month and ranks #11,860 among all websites worldwide.