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Sarmad

FinTech / Asset Management Tech / SaaS / Venture Building Riyadh, Saudi Arabia

About Sarmad

Sarmad is a premier, enterprise-grade financial technology solutions provider and digital venture builder engineered to operate as the definitive software and operational infrastructure layer for the Saudi Arabian financial services sector. Aligned directly with the Financial Sector Development Program of Saudi Arabia's Vision 2030, the company eliminates the severe operational friction of legacy financial management—which frequently suffers from fragmented compliance workflows, manual asset distribution tracking, and disconnected investor channels—by deploying highly tailored, regulatory-compliant SaaS architectures like its flagship asset management platform, "thamar". Moving far beyond rigid generic software wrappers or slow external IT consultancies, Sarmad empowers premier capital market institutions, investment houses, and emerging fintech ventures to dynamically synchronize their digital client onboarding (eKYC), distributed investment pipelines, automated operation controls, and omnibus bank clearing networks with elite, scalable, and audit-ready precision. Under the hood, their sophisticated cloud-native and modular operational core—bolstered by native integrations with Saudi government services, specialized payment gateways, and automated compliance auditing telemetry—natively orchestrates high-concurrency transaction bookkeeping, comprehensive portfolio records management, and secure multi-tenant data structures. What sets Sarmad apart is its uncompromising dedication to blending localized regulatory mastery with elite, frontier-grade software engineering; by bridging the gap between performance-intensive capital market requirements and hyper-personalized, modern user experiences, the firm enables Saudi financial institutions to radically maximize operational velocity, eliminate onboarding bottlenecks, and build an unassailable foundation for continuous commercial growth in the region's accelerating digital economy.

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Founded In2023
Company Size11 - 50 Employees
IndustryFinTech / Asset Management Tech / SaaS / Venture Building