Tamara’s $110 Million Series A Financing Round

Latham & Watkins advised Tamara on the deal.

Tamara, the fastest growing Buy Now Pay Later platform in the Middle East, closed its US$110 million Series A funding round led by Checkout.com, a world-leading fintech firm. The transaction represents the largest-ever Series A investment in the Middle East.

Proceeds of the round will be used to accelerate Tamara’s expansion across the Middle East and North Africa. Founded in 2020 and having closed its US$6 million seed round in January 2021, which also represented a market-first as the largest seed round in the history of Saudi Arabia, Tamara quickly established itself as a market-leader as one of the fastest growing startups in the history of venture capital in the Middle East.

The Latham team was led by Dubai counsel Eyad Latif (Picture) with associates Omar Maayeh, Connie Leung, Peter Norris, and Avinash Balendran. 

Involved fees earner: Avinash Balendran – Latham & Watkins; Eyad Latif – Latham & Watkins; Hong Ni Leung – Latham & Watkins; Omar Maayeh – Latham & Watkins; Peter Norris – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Tamara;

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