Rewiring the DNA in banking

SC Ventures is a business unit that provides the platform & catalyst for Standard Chartered to promote innovation, invest in disruptive financial technology and explore alternative business models

eXellerator

Facilitate innovation & culture change within the Bank & ecosystem partners

Investment

Invest in validated fintech to develop future tech capabilities

Ventures

Create new business models as independent business ventures

Promote innovation

eXellerator

Drive innovation and culture change internally and changing the way the Bank serves clients


2300+

Ideas submitted

22000+

SC Innovate members

1300

FintechBridge members


Innovation ecosystems

Six eXellerator labs across our markets - Singapore, Hong Kong, United Kingdom, Kenya, Shanghai & one scouting location in San Francisco.

Facilitating business units and clients' adoption of innovation & fintech solutions using Human Centered Design, lean & agile methodologies.

Intrapreneurprogramme

An innovation platform within the Bank providing employees with the resources and tools to bring their ideas to life.

Facilitated by our SC Innovate ideation platform for staff to submit ideas or respond to published business challenges.

SC VenturesFintech Bridge

A platform connecting startups, investors, ecosystem partners to the Bank and our corporate clients.

Facilitated by a framework which enables fintech partners start a PoC in the Bank within two weeks.

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Invest in disruptive financial technology

Investment

Integrate technologies & capabilities into the Bank and ventures to drive speed and scale


100m

Fund (USD)

1 -5m

Ticket size (USD)

12

Companies in portfolio


Mandate

Technology companies that are
relevant to Standard Chartered

Investment fund

Focus on series B+ companies
Geography: global

Governance

Consist of investment committee and independent advisors

Explore alternative business models

Ventures

Provide optionality and potentially new sources of revenues for the Bank and our clients through Joint Ventures


30+

Business ventures

04

Ventures launched

11

Commercialisation / Acceleration


Themes

Related to but not restricted to financial services, underpinned by demographics / trends

Governance

Eventually a separate legal entity with own board & under SC Ventures Committee for risk governance

Market

Mostly in Standard Chartered’s footprint, however not restricted by the Group’s strategy

Ownership

Seed and VC type funding by the Group, expected to attract strategic / financial investors over long term

Proposition

Commercially viable and investable business

Linkage with the Group

Not directly solving for existing Group business - able to leverage clients, infrastructure, people, licensing etc