Tarmeez Capital Scales New Heights with Tali Ventures Backing

Tali Ventures, the corporate venture capital arm of the Saudi giant stc group, has strategically invested in Tarmeez Capital, a fintech company spearheading innovation in Saudi Arabia’s burgeoning sukuk and debt instruments market. This investment marks a significant transition for Tarmeez from a bootstrap to a significant player supported by a national powerhouse. Licensed by the Capital Market Authority, Tarmeez provides digital financing services, contributing significantly to the sukuk market, now encompassing SAR 2 billion in facilitated financing. By leveraging advanced technology, Tarmeez has made issuing sukuk seven times faster compared to traditional channels, hence playing a pivotal role in Saudi Arabia’s financial ecosystem in line with Vision 2030. With stc group's support, Tarmeez is well-positioned to scale its operations and extend its cutting-edge financial solutions, thus aiding in deepening the Kingdom’s capital markets. Such investment also underpins stc's strategic imperatives to back innovative digital platforms driving future finance. Moreover, the endeavor aligns with surging demand for ESG-aligned investments among younger investors, further advancing Saudi's sustainable financial inclusion goals.