SAUDI ARABIA: Tali Ventures, the corporate venture capital (VC) arm of telecommunications provider stc group, has led a funding round in Tarmeez Capital, a Saudi fintech firm focused on Sukuk and debt instruments.
The funding is in line with stc group’s strategy to support high-growth digital platforms enhancing the Kingdom’s financial ecosystem. With this funding, Tarmeez transitions from a bootstrapped company to one backed by a national investor.
