07-07-2025
Saudi Stc Backs Debt Trading Firm Moving Into Private Credit
Stc Group's venture capital arm has invested in Tarmeez Capital, a Saudi debt trading platform planning a push into private credit.
Tali Ventures took a minority stake in the Riyadh-based firm, Tarmeez Chief Executive Officer Nasser Alsaadoun said, without disclosing details on the deal. Tarmeez expects to get its asset management license in Saudi Arabia later this year, allowing it to start originating and managing credit to private companies, he added.
