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# SAMA Grants Tamara Consumer Financing Licence, Expanding Saudi BNPL Unicorn's Regulatory Scope
- URL: https://www.theglobalbanker.com/sama-grants-tamara-consumer-financing-licence-saudi-arabia-2025/
- Published: 2025-03-03T09:34:00.000Z
- Updated: 2026-10-02T14:36:59.000Z
- Description: Saudi Arabia's SAMA issued a consumer financing licence to Tamara in March 2025, allowing the BNPL unicorn to offer consumer finance as well as BNPL services.
- Author: TGB Editorial Team
- Tags: Fintech, MENA, #archive

The Saudi Central Bank, known as SAMA, issued a consumer financing licence to Tamara in March 2025\. The licence authorises Tamara Finance to provide consumer finance and BNPL services, including financing above SAR 5,000.

The licence moves Tamara from a BNPL permit to a consumer finance licence under SAMA's consumer finance regulatory framework. 

#### FROM BNPL PROVIDER TO REGULATED CONSUMER LENDER

Tamara was founded in Riyadh in 2020 and offers short-term instalment payments, enabling consumers to split purchases at the point of sale into three or four interest-free instalments. 

Tamara also operates in the UAE and Kuwait.