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.
Hakbah, a Saudi-based FinTech savings platform, has raised $5.1 million in a Series A funding round. The round was led by VentureSouq, with participation from […]
The Airport Authority Hong Kong (AAHK) is set to launch a HK$5bn ($640m) retail bond, with a range of banks and brokers waiving fees for […]
Emirates NBD, a leading banking group in the MENAT region, has entered into a partnership with Hub71, Abu Dhabi’s global tech ecosystem. The partnership aims […]