Tarmeez Capital Receives Investment from STC Group's Venture Arm
Deal News | Jul 08, 2025 | Zawya
Tali Ventures, the venture capital arm of Saudi Arabia's STC Group, has invested in Tarmeez Capital, a fintech platform focused on sukuk and debt instruments. This strategic investment is set to help Tarmeez Capital expand its capabilities in the Sharia-compliant finance sector. Previously, Tarmeez Capital has already enabled over 2 billion riyals ($533 million) in financing. The terms of the latest investment were not disclosed. Last year, Tali Ventures also led a $10 million investment in NorthLadder, a device trade-in platform, highlighting its focus on high-growth markets. Saudi Arabia has ambitious goals to expand its sukuk and debt market significantly by 2030 to fulfill long-term economic objectives outlined by the Capital Market Authority.
Sectors
- Finance
- Venture Capital
- Technology
Geography
- Saudi Arabia – The involved entities, STC Group and Tarmeez Capital, are based in Saudi Arabia; the investment pertains to the local financial sector ambitions.
Industry
- Finance – The article is primarily concerned with investments in fintech and debt instruments, significant components of the finance sector.
- Venture Capital – Involves venture capital investment activities as highlighted by the role of Tali Ventures, the investing arm of STC Group.
- Technology – Tarmeez Capital operates as a fintech platform, indicating technology's crucial role in financial services.
Financials
- 2 billion riyals ($533 million) – Total amount of Sharia-compliant financing facilitated by Tarmeez Capital to date.
- USD 10 million – Previous investment led by Tali Ventures in NorthLadder.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tarmeez Capital | Target Company | Company | A fintech platform specializing in sukuk and debt instruments. |
| Tali Ventures | Investor | Company | Venture capital arm of Saudi Arabia's STC Group focused on high-growth companies. |
| STC Group | Parent Company | Company | Saudi Telecom Company, a diverse telecommunications and technology group. |
| Capital Market Authority | Regulatory Body | Government | Government authority responsible for developing Saudi Arabia's financial market. |
| NorthLadder | Portfolio Company | Company | A device trade-in platform previously invested in by Tali Ventures. |