Big Money Keeps Flowing into Frothy MENA Buy Now, Pay Later Market

Tamara's $110 million debt and equity round raises the ante on the race for dominance in MENA 's competitive Buy Now, Pay Later field

Tamara’s founders

The Saudi-based buy now, pay later platform Tamara has been on a rapid trajectory since it launched last year on the eve of the pandemic.

The company recently closed an impressive US$110 million Series A round. This dwarfs the US$6 million seed round it closed in January. And it overshadows regional rival Tabby’s US$23 million A round, r…