Walkers Advises Checkout.com in Record Series A Financing for Fintech Tamara

Walkers acted as Cayman Islands counsel to leading global payment processor Checkout.com in its US$110 million Series A financing for Saudi payments firm Tamara. According to the media, this is the largest-ever investment raised by a fintech in the Middle East & North Africa. It is also the largest Series A of the region and the largest-ever investment raised by a Saudi startup.

Walkers was instructed by Allen & Overy and was led by Dubai office managing partner Daniel Wood and assisted by associate Reghard Smith.