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