The approval marks a key step in Tamara’s efforts to expand its regulated financial services and support the UAE Vision 2031
Tamara has officially been granted a restricted finance license by the Central Bank of the UAE (CBUAE), marking a significant milestone in its growth journey and strengthening its position as one of the country’s leading fintech platforms.
The license enables Tamara to operate under full regulatory oversight, reinforcing its commitment to building a trusted and compliant financial ecosystem in line with the UAE Vision 2031. The approval also underscores the company’s role in advancing digital financial services that empower consumers and merchants with greater transparency, innovation, and reliability.
“This milestone fundamentally strengthens our entire operation in the UAE and serves as the catalyst for our ambitious future here,”
said Yamen Fakhreddine, CEO of Tamara UAE.
“The path is now clear to achieve our mission to help people own their dreams by building the most customer-centric financial super-app in the world.”
Tamara said it will continue expanding its portfolio of financial products and partnerships to enhance payment flexibility and customer convenience. The company aims to further diversify its offerings through innovative credit and payment solutions designed to meet the evolving needs of consumers and merchants across the region.
