Latham & Watkins Advised Saudi Arabia's leading Fintech Platform Tamara in Securing Investment

Global law firm Latham & Watkins advised leading Saudi fintech platform Tamara on its landmark $340 million Series C equity

By: :  Sara Ali
By :  Legal Era
Update: 2023-12-19 04:45 GMT
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Latham & Watkins Advised Saudi Arabia's leading Fintech Platform Tamara in Securing Investment Global law firm Latham & Watkins advised leading Saudi fintech platform Tamara on its landmark $340 million Series C equity funding round, propelling the company to a $1 billion valuation and making it the Kingdom's first homegrown fintech unicorn. Financial giants SNB Capital...


Latham & Watkins Advised Saudi Arabia's leading Fintech Platform Tamara in Securing Investment

Global law firm Latham & Watkins advised leading Saudi fintech platform Tamara on its landmark $340 million Series C equity funding round, propelling the company to a $1 billion valuation and making it the Kingdom's first homegrown fintech unicorn.

Financial giants SNB Capital and Sanabil Investments, along with seasoned investors like Coatue and Endeavor Catalyst, co-led Tamara's $340 million Series C, joined by rising stars Shorooq Partners, Pinnacle Capital, and Impulse. This follows Latham's prior guidance on Tamara's $400 million debt financing in November, further solidifying the company's position as a regional fintech leader.

The Latham team, led by Dubai partner Eyad Latif, with expert counsel from Omar Maayeh and dedicated support from associate Stephanie Dang, navigated Tamara's successful funding round.

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By: - Sara Ali

By - Legal Era

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