Tamara raises $150 million debt financing from Goldman Sachs
- Date: 16-Mar-2023
- Source: Wamda
- Sector:Financial Services
- Country:Saudi Arabia
Tamara raises $150 million debt financing from Goldman Sachs
Press release:
Tamara, the leading shopping and payments platform in Saudi Arabia and the wider GCC region has closed a receivables warehouse facility of up to $150 million from Goldman Sachs. The latest round brings Tamara’s total funding in equity and debt up to $366 million since its launch in September 2020. This facility will help Tamara finance the accelerating demand for its flagship BNPL product and continue its growth across new verticals.
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