Consulting firm focused on
Business Formation & Funding
STOIK has supported many international investors, fintechs, technology startups, and local SMEs, to establish and grow operations in Bahrain
What sets us apart?
Our engagements with several ministries and regulatory institutions gave us insights into their workings. This allowed us to create robust internal processes to help clients set up and operationalize businesses, reducing overall time-to-market.
Our workings with government and financial institutions allow us to assist our clients to benefit from different financing and support options available. These are provided as a part of Bahrain’s initiatives to attract and support private investment.
Our insights into our clients’ operating environments enable us to understand their business needs effectively. Coupled with our knowledge of Bahrain’s business support ecosystem, we are able to offer solutions tailored to our clients’ needs.
What is STOIK?
“STOIK” is a consulting firm based in Bahrain that enables startups and international investors to establish their businesses and get business financing and support from multiple sources.
STOIK offers tailored solutions to specific business issues facing business owners. Our consultants bring their industry expertise and problem solving experience to work together with clients, providing solutions for the challenges being faced.
Our Services Overview
Our services are segmented as per the following business needs:
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Business Formation and Amendments
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Central Bank Licensing Support
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Long-Term and Working Capital Financing
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Tamkeen Subsidy Support for Businesses
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Private Equity Support
Our Team Members
Our core strength is the human capital, which comprises of motivated individuals, experienced in their areas of expertise. Our senior leadership team comprises of accomplished individuals having years of proven track record in their careers.
Rouben
Managing Director
Rouben is a seasoned corporate strategy and finance professional with a proven career record of over 20 years. He brings with him a strong experience from global top-tier consulting firms and Big 4 Advisory Services having consulted several start-ups in market entry and fund raising.
Siddhartha
Senior Director
Siddhartha is a recognized FinTech expert who has successfully combined his experience in technology domain with financial services industry. Over the last two decades, he has helped clients in areas of business transformation and growth optimization across geographies.
Roshan
Senior Director
Roshan is an established Corporate Finance Professional with over 15 years of diverse Fund-Raising experience in various geographies, helping clients raise Private Equity ranging from USD 5 Million to USD 25 Million across various industries including FinTech and several markets.
Kamlesh
Director
Kamlesh is a FinTech market expert of repute with over two decades of experience in multiple industries across various Middle Eastern markets. He has worked in leadership roles in the insurance sector playing pivotal role in technology implementation and transformation.
Khurram
Director
Khurram is an experienced business development professional, specializing in operating within tech based environment to facilitate digital marketing and public relations. He’s a result-oriented professional with a proven capability to set-up and turnaround tech companies.
What we do?
Our services are designed to be collaborative & engaging with our clients and are aimed to help business owners realize their true business potential.
Corporate Advisory Services
STOIK offers tailored solutions to manage the legal and compliance work involved in business formation and minimize the lag period between conception to operationalization of a business idea, reducing the time-to-market.
Corporate Formations
We support entrepreneurs from the very start of their business lifecycle helping them to establish their business entities through our corporate formation services.
CBB Licensing (Sandboxing)
We assist Fintech startups to obtain sandbox approvals for piloting new products and business models and manage their regulatory risks to setup the operations.
CBB Licensing (Documentation)
We liaison with CBB on our client’s behalf to obtaining CBB licenses, to ensure that the process cycle and time-to-market is significantly reduced for our clients.
Financial Advisory Services
STOIK enables its clients at various stages of growth to effectively benefit from different financing and support options available in Bahrain through government programs and investments through private equity investors in the Kingdom.
Bank Loan Financing
We help drive growth of our clients in Bahrain by enabling these enterprises obtain debt financing from Banks at subsidized and competitive interest rates.
Private Equity Support
We assist startups to obtain equity finance from investors by creating compelling investment pitch and business plans, to support them across the deal cycle.
Tamkeen Support
We support business owners in their Tamkeen application by creating convincing business plans for Tamkeen programs to get maximum financial support
Why invest in Bahrain?
Its strategic location allows Bahrain the advantage of an ideal gateway to the trillion dollar Gulf market, offering the most business-friendly environment in GCC. This provides an unbeatable value proposition to international investors and local entrepreneurs, to flourish and grow their businesses and contribute to the national economy.
Fintech: The New Frontier of Growth
Fintech sector is witnessing significant growth, as inclusivity, convenience, and sustainability drive adoption of financial innovations. With its supportive fintech ecosystem, Bahrain offers a perfect destination to establish fintech companies.
Hub of Tech. and
“New Age” Businesses
Bahrain is at the forefront of the global digital transformation, constantly upgrading its long-standing financial services ecosystem. This supports fintech startups and financial institutions with a digital agenda, to access GCC’s rapidly rising economies.
Business Friendly Support Infrastructure
The business owners globally, face challenges in terms of financing their ideas into profitable business operations. Bahraini government realizes these challenges, and therefore, it is creating a robust ecosystem to help the private sector in multiple ways.