About us
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
eXellerator
Drive innovation and culture change internally and changing the way the Bank serves clients
Innovation ecosystems across our markets
We have six eXellerator labs in Singapore, Hong Kong, United Kingdom, Kenya, Shanghai & one scouting location in San Francisco
They facilitate business units and clients' adoption of innovation & fintech solutions using Human Centered Design, lean & agile methodology
Intrapreneurprogramme
An innovation platform within the Bank providing employees with the resources and tools to bring their ideas to life.
Our SC Innovate ideation platform for staff to submit ideas or respond to published business challenges.
SC VenturesFintech Bridge
Our platform connecting startups, investors, ecosystem partners and our corporate clients
Facilitated by the proof of concept framework which enables fintech partners start a POC in the Bank within two weeks
22,000+
SC innovate members
2000+
Ideas submitted
1300+
Fintech engaged & evaluated
700+
Fintech Bridge members
Investment Fund
Integrate technologies and capabilities into the Bank and ventures to drive speed and scale
$100M
Fund (USD)
$0.5 -5M
Ticket size (USD)
7
Fintechs in portfolio
Mandate
Technology companies that are
relevant to Standard Chartered
Fund
Focus on series B+ companies globally
Governance
Consist of investment committee and independent advisors
Ventures
Provide optionality and potentially new sources of revenues for the Bank and our clients through Joint Ventures
30+
Business ventures
8
Accelerated / Commercialisation
9
Incubation
Themes
Related to but not restricted to financial services, underpinned by demographics / trends
Market
Mostly in Standard Chartered’s footprint, however not restricted by the Group’s strategy
Proposition
Commercially viable and investible business
Governance
Eventually a separate legal entity with own board & under SC Ventures Committee for risk governance
Ownership
Seed and VC type funding by the Group, expected to attract strategic / financial investors over long term
Linkage with the Group
Not directly solving for existing Group business - a venture can leverage clients, infrastructure, people, licensing etc