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tamara secures samas license for expanded consumer finance and bnpl services
Tamara has secured a license from the Saudi Central Bank (SAMA) to offer consumer finance and buy-now-pay-later (BNPL) services, expanding its capabilities beyond previous limits. This approval allows the company to provide financing solutions over SAR 5,000 ($1,333) and enhances its product offerings across Saudi Arabia, UAE, and Kuwait. Co-Founder Abdulmajeed Alsukhan highlighted this achievement as a significant step in delivering innovative financial solutions to meet customer needs.
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