K&A advised Sanabil Investments, a wholly owned company of the PIF in relation to its $100 Million investment in a series B funding round in Tamara, a Saudi Arabian FinTech startup that allows merchants to use its buy-now-pay-later services. The investment will support Tamara in efforts to expand product offering.

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The transaction was led by partners Zeyad Khoshaim and Leen Zaza, and associates Dana Aldhuwaihi and Naif Albattal.

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This transaction comes on the back of K&A being named as the only Saudi Arabian law firm to be recognized and ranked Tier 1 by IFLR 1000 in all transactional areas, and further cements K&A’s position as one of the leading law firms in the market for VC, Private Equity and M&A.”