SHARE Tamara, a Saudi-Arabia-based "buy now, pay later" platform, raised $110 million in a Series A funding round led by London-based payments processor Checkout.com. The investment, which is a mix of debt and equity, will be used to hire new staff and help the start-up accelerate its expansion across the GCC by the end of this year followed by its entry into other geographies, the company said in a statement on Thursday. Tamara, which is currently operating in the kingdom and the UAE, was “born to make a change”, Abdulmajeed Alsukhan, the company’s co-founder and chief executive, said. “We offer our customers an alternative to credit cards and cash-on-delivery, which enhances their shopping experience … increases our merchant partners’ efficiency as well as their customer satisfaction,” Mr Alsukhan said.