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Saudi Arabia
Feb 2020 (6 Years)
Last online: No recent activity
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Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Tamara
Company Information
Get to know Tamara
Founded in Saudi Arabia in 2020 by Abdulmajeed Alsukhan, Turki Bin Zarah, and Abdulmohsen Al Babtain, Tamara has quickly become a prominent fintech player in the Middle East. The company's mission is to empower consumers by providing transparent, Sharia-compliant, and accessible payment solutions that allow them to shop and pay at their own convenience without incurring interest or hidden fees. Tamara partners with a wide range of merchants, integrating its payment option at checkout to help them boost conversion rates and average order values.
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