Tamara
fintech
saudi-arabia
About
Buy-now-pay-later fintech that raised a large private-debt facility
Recent News
fintech
about 1 month agoStartups in Saudi Arabia News
Saudi Arabia’s startup ecosystem is rapidly expanding with heavy investor attention on fintech and AI; the market now hosts roughly 2,508 startups, four unicorns and has attracted over $2.6 billion in VC since 2018. Riyadh remains the central hub, with notable local scale-ups such as Tamara and stc Pay and major AI investments like a US$1.5 billion commitment to Groq.
funding
about 2 months agoSaudi Arabia startups attract 95% of private debt as GCC demand for growth capital surges 8.2x YoY to $4.1B
GCC private debt surged 8.2x YoY to $4.1B in 2025, with Saudi startups capturing roughly 95% (~$3.9B) of that private-debt deployment; fintechs dominated the activity and several large-ticket structured-credit deals were highlighted.