Tamara valuation, funding and investors
Tamara works in digital payment solutions delivery, based in Riyadh, Saudi Arabia. Founded in 2020, it has about 1,290 employees.
- Last round
- Series C · $340M · Dec 2023
- Valuation at last round
- $1.00B
- Headcount
- 1,329 · growing
- Grade
- A
- Founded
- 2020
Tamara valuation today
VCMC values Tamara at $1.6B today, with a range of $1.1B to $1.8B and a grade of A. The valuation starts from its last funding round, a Series C round in Dec 2023.
Valuation by date (86 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2020 | $10.0M | $3.64M – $27.5M | $11.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $10.1M | $3.68M – $27.8M | $11.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $10.2M | $3.71M – $28.0M | $11.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $10.3M | $3.74M – $28.2M | $11.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $10.4M | $3.78M – $28.5M | $11.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $10.5M | $3.81M – $28.8M | $11.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $10.6M | $3.85M – $29.0M | $11.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $10.7M | $3.88M – $29.3M | $11.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $10.8M | $3.92M – $29.6M | $12.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $10.9M | $3.95M – $29.8M | $12.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $11.0M | $3.99M – $30.1M | $12.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $11.1M | $4.02M – $30.4M | $12.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $12.6M | $4.58M – $34.6M | $14.0M (+11%) | before first round | 34 | unknown | D | 0% |
| 21 Jan 2021 | $27.4M | $18.0M – $83.2M | $54.6M (+100%) | after a round | 34 | unknown | C | 0% |
| 1 Feb 2021 | $28.0M | $18.0M – $83.2M | $54.6M (+95%) | after a round | 34 | unknown | C | 0% |
| 1 Mar 2021 | $29.5M | $18.0M – $83.2M | $54.6M (+85%) | after a round | 34 | unknown | C | 0% |
| 1 Apr 2021 | $31.3M | $18.0M – $83.2M | $54.6M (+75%) | after a round | 34 | flat | C | 0% |
| 23 Apr 2021 | $182M | $128M – $464M | $327M (+80%) | after a round | 34 | flat | C | 0% |
| 1 May 2021 | $184M | $128M – $464M | $327M (+77%) | after a round | 34 | flat | C | 0% |
| 1 Jun 2021 | $194M | $128M – $464M | $327M (+69%) | after a round | 34 | flat | C | 0% |
| 1 Jul 2021 | $203M | $128M – $464M | $327M (+61%) | after a round | 34 | flat | C | 0% |
| 1 Aug 2021 | $214M | $128M – $464M | $327M (+53%) | after a round | 34 | flat | C | 0% |
| 1 Sep 2021 | $225M | $128M – $464M | $327M (+46%) | after a round | 34 | flat | C | 0% |
| 1 Oct 2021 | $236M | $128M – $464M | $327M (+39%) | after a round | 34 | flat | C | 0% |
| 1 Nov 2021 | $248M | $128M – $464M | $327M (+32%) | after a round | 34 | flat | C | 0% |
| 1 Dec 2021 | $260M | $128M – $464M | $327M (+26%) | after a round | 34 | flat | C | 0% |
| 1 Jan 2022 | $273M | $128M – $464M | $327M (+20%) | after a round | 34 | flat | C | 0% |
| 1 Feb 2022 | $371M | $177M – $643M | $453M (+22%) | after a round | 150 | growing | C | 0% |
| 1 Mar 2022 | $397M | $177M – $643M | $453M (+14%) | after a round | 150 | growing | C | 0% |
| 1 Apr 2022 | $430M | $177M – $643M | $453M (+5%) | after a round | 150 | growing | C | 0% |
| 1 May 2022 | $453M | $178M – $643M | $453M (0%) | after a round | 150 | growing | C | 0% |
| 1 Jun 2022 | $453M | $181M – $643M | $453M (0%) | after a round | 150 | growing | C | 0% |
| 1 Jul 2022 | $453M | $183M – $643M | $453M (0%) | after a round | 150 | growing | C | 0% |
| 1 Aug 2022 | $453M | $186M – $643M | $453M (0%) | after a round | 150 | growing | C | 0% |
| 1 Sep 2022 | $453M | $189M – $643M | $453M (0%) | after a round | 150 | growing | C | 0% |
| 1 Oct 2022 | $453M | $191M – $643M | $453M (0%) | after a round | 150 | growing | C | 0% |
| 1 Nov 2022 | $453M | $129M – $643M | $453M (0%) | after a round | 150 | unknown | C | 0% |
| 1 Dec 2022 | $453M | $123M – $643M | $453M (0%) | after a round | 150 | unknown | C | 0% |
| 1 Jan 2023 | $524M | $231M – $743M | $524M (0%) | after a round | 290 | growing | B | 0% |
| 1 Feb 2023 | $524M | $234M – $743M | $524M (0%) | after a round | 290 | growing | B | 0% |
| 1 Mar 2023 | $524M | $237M – $743M | $524M (0%) | after a round | 290 | growing | B | 0% |
| 1 Apr 2023 | $524M | $240M – $743M | $524M (0%) | after a round | 290 | growing | B | 0% |
| 1 May 2023 | $524M | $209M – $743M | $524M (0%) | after a round | 290 | growing | C | 0% |
| 1 Jun 2023 | $524M | $210M – $743M | $524M (0%) | after a round | 290 | growing | C | 0% |
| 1 Jul 2023 | $524M | $210M – $743M | $524M (0%) | after a round | 290 | growing | C | 0% |
| 1 Aug 2023 | $524M | $211M – $743M | $524M (0%) | after a round | 290 | growing | C | 0% |
| 1 Sep 2023 | $524M | $90.7M – $743M | $524M (0%) | after a round | 290 | unknown | D | 0% |
| 1 Oct 2023 | $524M | $86.3M – $743M | $524M (0%) | after a round | 290 | unknown | D | 0% |
| 1 Nov 2023 | $524M | $82.0M – $743M | $524M (0%) | after a round | 290 | unknown | D | 0% |
| 1 Dec 2023 | $524M | $78.1M – $743M | $524M (0%) | after a round | 290 | unknown | D | 0% |
| 19 Dec 2023 | $1.0B | $869M – $1.5B | $1.3B (+30%) | after a round | 290 | unknown | A | 0% |
| 1 Jan 2024 | $1.0B | $869M – $1.5B | $1.3B (+29%) | after a round | 290 | unknown | A | 0% |
| 1 Feb 2024 | $1.0B | $869M – $1.5B | $1.3B (+26%) | after a round | 540 | growing | A | 0% |
| 1 Mar 2024 | $1.1B | $869M – $1.5B | $1.3B (+24%) | after a round | 560 | growing | A | 0% |
| 1 Apr 2024 | $1.1B | $869M – $1.5B | $1.3B (+21%) | after a round | 560 | growing | A | 0% |
| 1 May 2024 | $1.1B | $869M – $1.5B | $1.3B (+19%) | after a round | 560 | growing | A | 0% |
| 1 Jun 2024 | $1.1B | $869M – $1.5B | $1.3B (+16%) | after a round | 560 | growing | A | 0% |
| 1 Jul 2024 | $1.2B | $869M – $1.5B | $1.3B (+13%) | after a round | 560 | growing | A | 0% |
| 1 Aug 2024 | $1.2B | $869M – $1.6B | $1.4B (+12%) | after a round | 660 | up | A | 0% |
| 1 Sep 2024 | $1.2B | $869M – $1.6B | $1.4B (+9%) | after a round | 660 | up | A | 0% |
| 1 Oct 2024 | $1.3B | $869M – $1.6B | $1.4B (+7%) | after a round | 660 | up | A | 0% |
| 1 Nov 2024 | $1.3B | $869M – $1.6B | $1.4B (+4%) | after a round | 720 | up | B | 0% |
| 1 Dec 2024 | $1.4B | $869M – $1.6B | $1.4B (+1%) | after a round | 720 | up | B | 0% |
| 1 Jan 2025 | $1.4B | $867M – $1.6B | $1.4B (0%) | after a round | 720 | up | B | 0% |
| 1 Feb 2025 | $1.4B | $862M – $1.6B | $1.4B (0%) | after a round | 720 | up | B | 0% |
| 1 Mar 2025 | $1.4B | $857M – $1.6B | $1.4B (0%) | after a round | 720 | up | B | 0% |
| 1 Apr 2025 | $1.4B | $852M – $1.6B | $1.4B (0%) | after a round | 720 | up | B | 0% |
| 1 May 2025 | $1.4B | $847M – $1.6B | $1.4B (0%) | after a round | 720 | up | B | 0% |
| 1 Jun 2025 | $1.4B | $931M – $1.6B | $1.4B (0%) | after a round | 790 | growing | A | 0% |
| 1 Jul 2025 | $1.4B | $952M – $1.7B | $1.4B (0%) | after a round | 866 | growing | A | 0% |
| 1 Aug 2025 | $1.5B | $970M – $1.7B | $1.5B (0%) | after a round | 891 | growing | A | 0% |
| 1 Sep 2025 | $1.5B | $985M – $1.7B | $1.5B (0%) | after a round | 891 | growing | A | 0% |
| 1 Oct 2025 | $1.5B | $1.0B – $1.7B | $1.5B (0%) | after a round | 962 | growing | A | 0% |
| 1 Nov 2025 | $1.5B | $1.0B – $1.7B | $1.5B (0%) | after a round | 962 | growing | A | 0% |
| 1 Dec 2025 | $1.5B | $1.0B – $1.7B | $1.5B (0%) | after a round | 962 | growing | A | 0% |
| 1 Jan 2026 | $1.5B | $1.0B – $1.7B | $1.5B (0%) | after a round | 962 | growing | A | 0% |
| 1 Feb 2026 | $1.5B | $1.0B – $1.7B | $1.5B (0%) | after a round | 962 | growing | A | 0% |
| 1 Mar 2026 | $1.5B | $754M – $1.7B | $1.5B (0%) | after a round | 962 | up | B | 0% |
| 1 Apr 2026 | $1.6B | $1.1B – $1.8B | $1.6B (0%) | after a round | 1,286 | growing | A | 0% |
| 1 May 2026 | $1.6B | $1.1B – $1.8B | $1.6B (0%) | after a round | 1,329 | growing | A | 0% |
| 1 Jun 2026 | $1.6B | $1.1B – $1.8B | $1.6B (0%) | after a round | 1,329 | growing | A | 0% |
| 1 Jul 2026 | $1.6B | $1.1B – $1.8B | $1.6B (0%) | after a round | 1,329 | growing | A | 0% |
| 1 Aug 2026 | $1.6B | $1.1B – $1.8B | $1.6B (0%) | after a round | 1,329 | growing | A | 0% |
| 1 Sep 2026 | $1.6B | $1.1B – $1.8B | $1.6B (0%) | after a round | 1,329 | growing | A | 0% |
| 1 Oct 2026 | $1.6B | $1.1B – $1.8B | $1.6B (0%) | after a round | 1,329 | growing | A | 0% |
| 24 Oct 2026 | $1.6B | $1.1B – $1.8B | $1.5B (-8%) | after a round | 1,329 | growing | A | 0% |
Key facts about Tamara
- Founded
- 2020
- Headquarters
- Riyadh, Saudi Arabia
- Employees
- about 1,290 +68% in a year
- Total raised
- $3.31B
- Funding rounds
- 7
- Last round
- Debt Sep 2025
Tamara was founded in 2020 by Abdulmajeed Alsukhan, Abdulmohsen Al-Babtain and Turki Bin Zarah.
Tamara funding history
Tamara has 7 funding rounds on record, from Jan 2021 to Sep 2025, $3.31B in total. The latest disclosed valuation is $1.00B post-money (Series C, Dec 2023).
Debt 15 Sep 2025no round page
With Goldman Sachs, Citi, Apollo.
Sources: tamara.co, fintechweekly.com, circuit.news and 2 more
$2.40B
Series C 18 Dec 2023
Led by SNB Capital, Sanabil; with Shorooq Partners, Pinnacle Capital, Impulse, Coatue, Endeavor, Checkout.com.
Sources: tamara.co, fintechfutures.com, en.incarabia.com and 1 more
$340M
$1.00B post-money
Debt 16 Nov 2023no round page
Led by Shorooq Partners.
$50M
$250M
$150M
$110M
Seed 20 Jan 2021
Led by Impact46; with Vision Ventures, Wealth Well, SEEDRA Ventures, Khwarizmi Ventures, HALA Ventures, Nama Ventures.
Sources: tamara.co, waya.media, menabytes.com and 2 more
$6.0M
Tamara investors
18 investors have backed Tamara; Goldman Sachs, Shorooq Partners and Checkout.com and 3 more led at least one round.
- Goldman Sachs lead, 3 rounds
- Checkout.com lead, 2 rounds
- Apollo
- Citi
- Coatue
- Endeavor
- Impulse
What Tamara does
Tamara works in payment processing & point of sale, with 12 recorded offerings and customers in fashion, electronics, home goods and beauty.
Tamara Finance Company is a Saudi joint-stock company engaged in providing payment solutions and fintech services. The company offers a payment platform that enables customers to split purchases into installments and serves as a financial super-app for a range of industries, including fashion, electronics, home goods, beauty, education, healthcare, travel, and sports and fitness. Tamara operates in multiple countries, including Saudi Arabia, the UAE, Kuwait, and Bahrain, and collaborates with both global and regional brands as well as small and medium businesses. The company is licensed and regulated by the Saudi Central Bank and the Central Bank of the UAE.
Description from Veridion's company data.
Products and services
- Digital Payment Solutions Delivery
- Merchant Network Integration Services
- Credit Score Assessment Services
- Multi-Industry Payment Solutions Delivery
- Mobile Financial App Development
- Web Financial Platform Development
- Multilingual Financial Services
- Regional Financial Services Expansion
- Partner Network Expansion Services
- Merchant Partnership Development Services
- User Experience Enhancement Services
- Financial Inclusion Solutions Delivery
Markets
- Fashion
- Electronics
- Home Goods
- Beauty
- Education
- Healthcare
- Travel
- Sports and Fitness
Business model
- Business-to-Business
- Business-to-Consumer
- Software-as-a-Service
Industry codes (NAICS)
- 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities 100% match
Questions about Tamara
What is Tamara worth?
Valuation $1.6B (range $1.1B to $1.8B), as of 24 Oct 2026. The last disclosed valuation was $1.00B (Series C, Dec 2023).
Has Tamara raised money?
Tamara has 7 funding rounds on record, from Jan 2021 to Sep 2025, $3.31B in total. The latest disclosed valuation is $1.00B post-money (Series C, Dec 2023).
Who has invested in Tamara?
Goldman Sachs, Shorooq Partners, Checkout.com, Impact46, Sanabil and SNB Capital, and 12 more. Lead investors include Goldman Sachs, Shorooq Partners, Checkout.com and Impact46.
How many people work at Tamara?
About 1,290, up 68% over the last year. Headcount grew from 34 in Jan 2021 to 1,329 in May 2026.
What does Tamara do?
Tamara works in payment processing & point of sale, with 12 recorded offerings and customers in fashion, electronics, home goods and beauty. Its main offerings are digital payment solutions delivery, merchant network integration services and credit score assessment services.
When was Tamara founded, and where is it based?
Tamara was founded in 2020 and is based in Riyadh, Saudi Arabia. It has about 1,290 employees, up 68% over the last year.