Additional warehouse financing · Fintech
Tamara adds up to $250 million in debt financing to expand BNPL capacity
The November 2023 financing increased the company’s warehouse facility to a total limit of $400 million.
Tamara announced up to $250 million in additional debt financing on November 14, 2023. The transaction increased its warehouse facility from $150 million to a total limit of $400 million.
Goldman Sachs arranged up to $200 million in additional senior debt, taking the senior facility to $350 million. A further $50 million mezzanine tranche was provided by The Nahda Fund, led by Shorooq.
The expanded capacity supports demand for Tamara’s buy now, pay later products and releases capital for investment in new services.
Use of funds
Expand BNPL receivables financing
Develop new financial products
Funding history
Additional warehouse financing · This round≤$250M
Warehouse securitisation facility≤$150M