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New Deal


Announced

Completed

Sanabil Investments led a $100m Series B funding round in Tamara.

Financials

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Transaction Value£84m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Private Equity

financial services

FinTech

fintech

Saudi Arabia

Venture Capital

Friendly

Cross Border

Minority

Completed

Acquisition

Single Bidder

Synopsis

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Sanabil Investments, a financial investment company, led a $100m Series B funding round in Tamara, a buy now, pay later firm, with participation from Coatue, Shurooq Partners, Endeavor Catalyst and Checkout.com. "We believe the region has a different situation today than globally. The region is thriving with high oil prices. We want to make sure our customers find the right products that suit them and find amazing deals," Abdulmajeed Alsukhan, Tamara CEO.

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