Saudi fintech unicorn Tamara secures $2.4bn financing deal

Saudi Arabia’s buy-now-pay-later platform Tamara has announced a new asset-backed financing facility of up to $2.4 billion in a landmark deal. The transaction, unveiled at the Money20/20 conference in Saudi Arabia, upsizes a previous $500 million facility arranged by Goldman Sachs, underscoring strong investor confidence in Tamara’s growth and the…