Saudi Arabia’s Tamara, a buy now, pay later digital service, has raised $340 million with backing from Saudi sovereign wealth fund Sanabil and SNB Capital. The funding round brings Tamara’s valuation to $1 billion, giving it “unicorn” status. CEO Abdulmajeed Alsukhan has indicated that the company could pursue an IPO in Saudi Arabia.
TLDR: Rosilyn Houston, former Chief Human Resources Officer and Senior Executive Vice President of Santander USA, is a trailblazer in the banking industry, being the […]
Key elements: UK fintech Pockit has appointed Garreth Griffith as its new Chief Operating Officer (COO). Griffith brings a wealth of fintech and payments experience […]
TLDR: The adoption of embedded finance is on the rise in the fintech sector, and AI has the potential to reduce operating costs by a […]