Asset-backed credit facility · Fintech
Tamara secures asset-backed facility of up to $2.4 billion
Goldman Sachs, Citi and Apollo-managed funds support expanded credit and payment services.
Tamara announced an asset-backed financing facility of up to $2.4 billion on September 15, 2025, backed by Goldman Sachs, Citi and funds managed by Apollo.
The Sharia-compliant transaction refinances and enlarges an existing $500 million facility. It includes $1.4 billion initially, with a further $1 billion available over three years subject to additional approvals.
The Saudi fintech will use the capacity to expand credit and payment products and support growth beyond its existing customer base.
Use of funds
Expand credit and payment products
Increase lending capacity and support regional growth
Funding history
Asset-backed credit facility · This round≤$2.4B
Series C$340MAdditional warehouse financing≤$250MWarehouse securitisation facility≤$150M