STB Finance

What STB Finance does

STB Finance is a Tunisian stock exchange intermediary and asset manager operating as a wholly-owned subsidiary of STB BANK (Société Tunisienne de Banque). The firm provides brokerage services on the Bourse de Tunis (BVMT), asset management through a shelf of four FCP (Fonds Commun de Placement) mutual funds and four SICAV (Société d'Investissement à Capital Variable) funds, and corporate advisory for companies seeking listing on the alternative market. Its customer base spans individual retail investors using CEA (Compte Epargne en Actions) savings accounts and managed or self-directed securities accounts, institutional investors in pooled funds, and corporate clients requiring capital markets access.

The company's technology layer centers on the STBF ONLINE digital platform, which provides 24/7 account access, real-time market data, and order execution, extended by native Android and iOS mobile applications. Operational integration with Bourse de Tunis for market data and execution, and with Tunisie Clearing for settlement, anchors the firm within Tunisia's regulated capital markets infrastructure. The firm is licensed and regulated by the Conseil du Marché Financier (CMF) and maintains FATCA and LAB-FT (AML/CFT) compliance.

STB Finance generates revenue through three principal streams: transaction-based brokerage commissions on securities trading, recurring asset management fees on its FCP and SICAV fund products, and professional-services fees from corporate advisory and financial engineering mandates. Distribution occurs through the STBF ONLINE self-serve platform, the STB BANK branch network via referral, and a direct field sales team for corporate clients. The firm operates exclusively within Tunisia and does not publicly disclose revenue, AUM, or transaction volume figures.

Name

STB Finance

Legal name

STB FINANCE

Website

https://stbfinance.com.tn

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

51–100 employees

Short description

STB Finance is a Tunisia-based stockbrokerage and asset manager, wholly owned by STB BANK, offering brokerage on the Bourse de Tunis, FCP/SICAV fund management, and corporate listing advisory for individual, institutional, and corporate clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Tunis

HQ country

Tunisia

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Brokerage Commissions: Transaction-based fees charged on securities trading executed through the platform.
2. Asset Management Fees: Management fees charged on FCP (Fonds Commun de Placement) and SICAV (Société d'Investissement à Capital Variable) mutual fund products offered to clients.
3. Corporate Advisory: Financial engineering and advisory services for companies seeking to list on the stock exchange or raise capital.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

STB Finance operates as a licensed Tunisian stock exchange intermediary (intermédiaire en bourse) providing securities brokerage, asset management through FCP and SICAV mutual funds, financial analysis and engineering for corporate clients, and advisory services for companies seeking IPO or alternative market listing. It also offers managed and self-directed securities accounts, a savings account in shares (CEA), and 24/7 digital access via the STBF ONLINE platform and mobile applications.

Product overview

STB Finance is a stock brokerage intermediary operating within the STB BANK Group in Tunisia. The company offers a comprehensive portfolio of investment products and financial services, including four FCP (Fonds Commun de Placement) mutual funds (FCP DELTA EPARGNE ACTIONS, FCP INNOVATION, FCP OBLIGATAIRE CAPITAL PLUS, STB EVOLUTIF FCP) and four SICAV (Société d'Investissement à Capital Variable) funds (SICAV AVENIR, SICAV L'EPARGNANT, SICAV L'EPARGNE OBLIGATAIRE, SICAV L'INVESTISSEUR). Beyond fund management, STB Finance provides brokerage account services including the Compte Epargne en Actions (CEA) with simulation tools, managed (Compte Titres Géré) and self-directed (Compte Titres Libre) securities accounts, the STB FINANCE ONLINE digital trading platform for 24/7 access and real-time market tracking, stock exchange intermediation, asset management, financial analysis and engineering, and corporate advisory services for companies seeking market listing.

Differentiator

Problem solved

Functional benefit

Brands

• STBF ONLINE: Online platform for consulting and managing accounts 24/7
• STB EVOLUTIF FCP
• SICAV L'EPARGNANT
• SICAV L'EPARGNE OBLIGATAIRE
• SICAV L'INVESTISSEUR
• SICAV AVENIR
• FCP OBLIGATAIRE CAPITAL PLUS
• FCP DELTA EPARGNE ACTIONS
• FCP INNOVATION

Products and services

• FCP DELTA EPARGNE ACTIONS A mutual fund (Fonds Commun de Placement) focused on equity investments, allowing investors to diversify their savings through stock market exposure.
• FCP INNOVATION A mutual fund targeting innovative companies and growth-oriented investment opportunities.
• FCP OBLIGATAIRE CAPITAL PLUS A bond-focused mutual fund (FCP) designed for investors seeking fixed income and capital preservation with growth potential.
• STB EVOLUTIF FCP A dynamic mutual fund that adapts its portfolio allocation based on market conditions.
• SICAV AVENIR A variable capital investment company (SICAV) focused on long-term capital growth through diversified investments.
• SICAV L'EPARGNANT A savings-oriented SICAV designed for individual investors seeking stable returns and capital accumulation.
• SICAV L'EPARGNE OBLIGATAIRE A bond-focused SICAV investing primarily in fixed income securities for regular income and capital stability.
• SICAV L'INVESTISSEUR An investor-focused SICAV targeting experienced investors seeking professional portfolio management.
• Compte Epargne en Actions (CEA) A savings account in shares (Compte Epargne en Actions) that allows investors to diversify savings through stock market investments, with a simulator tool for planning.
• Compte Titres Géré A managed securities account where STB Finance professionally manages the client's investment portfolio.
• Compte Titres Libre A self-directed securities account allowing clients to independently manage and execute their own trades.
• STBF ONLINE (Digital Trading Platform) An online platform for consulting and managing accounts 24/7, including real-time stock market tracking and order execution, available via web and native Android/iOS apps.
• Intermédiation Boursière (Stock Exchange Brokerage) Stock exchange intermediation services including negotiation and registration of securities transactions on the Bourse de Tunis.
• Gestion d'Actifs (Asset Management) Portfolio management services including holding and administering securities accounts for clients.
• Analyse et Ingénierie Financière (Financial Analysis and Engineering) Financial analysis and engineering services for securities issuances and corporate finance transactions.
• Corporate Services (Listing and IPO Advisory) Advisory services for companies seeking to list on the alternative market of the Bourse de Tunis, including IPO preparation and execution support.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core.

• STB BANKcoreStrategic or Co-development PartnerSTB Finance operates as a subsidiary of STB BANK group, leveraging the bank's distribution network and customer base for client acquisition and cross-selling of investment products.
• Bourse de Tunis (BVMT)coreTechnology or IntegrationPartnership with the Tunis Stock Exchange for market data feeds, trading execution, and regulatory reporting as a licensed stockbrokerage intermediary.
• Tunisie ClearingcoreTechnology or IntegrationCentral securities depository partnership for settlement and clearing of trades executed through STB Finance.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Maxula Bourse: Tunisian brokerage firm active on the BVMT, offering intermediation and asset management services with similar client mix and product structure to STB Finance.
• Tunisie Valeurs: Long-standing Tunisian stockbroker and asset manager offering intermediation, fund management (including SICAV/FCP), and corporate services; competes head-to-head with STB Finance in the BVMT ecosystem.
• BIAT Capital: Tunisian brokerage and asset management arm of BIAT (Banque Internationale Arabe de Tunisie), directly comparable to STB Finance as a bank-affiliated intermediary offering FCP/SICAV funds, brokerage services, and corporate advisory in Tunisia.
• Arab Financial Consultants (AFC): Tunisian financial intermediary providing stock exchange brokerage, asset management, and corporate finance services; competes with STB Finance in intermediation, FCP/SICAV distribution, and corporate advisory mandates.
• Amen Capital: Tunisian broker and asset manager affiliated with Amen Bank, providing stock intermediation and mutual fund products (FCP/SICAV) to retail and institutional clients — a near-mirror business model to STB Finance.

Regional players

• Upline Capital (formerly BMCE Capital): Moroccan investment bank and brokerage offering intermediation, asset management, and corporate advisory; comparable to STB Finance as a regional North African full-service securities firm with similar product breadth.
• Attijari Intermédiation: Brokerage arm of Attijariwafa Bank in Morocco, operating as a stock exchange intermediary and asset manager in a comparable North African capital market context to STB Finance.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/stbfinance

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about STB Finance