SC Ventures Opens Abu Dhabi Office to Tap into GCC’s Dynamic Technology and Business Ecosystem
Gautam Jain will lead the office to explore the region’s talent and capabilities in innovation and technology. Singapore, Jan. 22, 2024 – SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has opened open an office in Abu Dhabi Global Market (ADGM), United Arab Emirates (UAE), to tap into the region’s vibrant technology and […]
SC Ventures, SBI Holdings to partner in setting up a Digital Asset Joint Venture in UAE
The joint venture will focus on investing in companies across the digital assets spectrum including market infrastructure, risk and compliance tools, DeFi, tokenisation, consumer payments, and the Metaverse. Dubai, November 9, 2023 – SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is partnering with SBI Holdings, a Japanese financial conglomerate, to establish a […]
The Digital Banker names Alex Manson Digital Assets Leader of the Year
Singapore, October 5, 2023 – The Digital Banker, a financial news publication, named Alex Manson Digital Assets Leader of the Year during the Digital Assets Awards 2023. Manson, who leads Standard Chartered’s innovation, fintech investment and ventures arm, was selected for his leadership in expanding the digital assets ecosystem. “Under Alex’s leadership, SC Ventures has […]
myZoi raises US$14 million to bolster financial inclusion, receives regulatory approval from the Central Bank of the UAE
myZoi is backed by SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm. Secured two licenses from the Central Bank of the UAE – Stored Valued Facilities and Retail Payments Services and Card Schemes. Received funding from SC Ventures and SBI Holdings as part of the latest funding round. UAE, SEPTEMBER 5, 2023 – […]
Bukalapak and Standard Chartered launch BukaTabungan
A digital banking service that combines the reach of Bukalapak’s all-commerce platform and the technology of Standard Chartered’s Banking-as-a-Service solution to offer users greater convenience, security; and drive financial inclusion. BukaTabungan, the first digital banking service from Bukalapak in partnership with Standard Chartered, provides digital banking access to Bukalapak’s ecosystem of more than 110 million […]
Zodia Custody becomes the first dedicated cryptoasset custodian registered in Ireland
Dublin – Wednesday, 3rd August 2022 – Zodia Custody (Ireland) Limited has been added to the Central Bank of Ireland’s Virtual Asset Service Provider Register, becoming the first dedicated cryptoasset custodian to be registered to provide commercial services to clients in Ireland. Zodia Custody, an institutional cryptoasset servicing company headquartered in London, established its Irish […]
SC Ventures launches Appro to streamline and simplify retail banking application processes
Dubai-based fintech offers bank-agnostic digital onboarding platform which reduces processing time to just three minutes. 2 August 2022, Dubai, UAE – SC Ventures today announced the launch of Appro, a fintech startup that digitises, streamlines and simplifies the retail banking user journey. Backed by SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, the […]
Panel: Do you need a Chief Metaverse Officer?
What is the metaverse? A huge thank you to our speakers Kevin Brisebois, Victoria Wells, Mathew Sweezey and Simon Figures for a really educational and fun conversation where we discussed the metaverse vs. web3, whether the time to dive in is now, and how companies can start thinking about their metaverse strategies. Some key takeaways: 👾 What is the […]
Zodia Custody wins Digital Assets Initiative of the Year!
Zodia Custody, our institutional-grade digital asset custodian, was named Digital Assets Initiative of the Year at the Global Custodian’s Leaders in Custody awards. This well-deserved win is a testament to the hard work of the entire Zodia Custody team and is recognition of the truly innovative work they do towards changing the digital asset landscape. […]
Bambu’s WealthTech Unwrapped: Featuring Alex Manson
Source In Bambu’s podcast series, WealthTech Unwrapped, host Ned Phillips speaks to SC Ventures’ Alex Manson to discuss topics from endurance sports to the role of financial institutions in ensuring the wealth management field is sustainable and relevant. Listen to the full podcast Spotify: https://spoti.fi/3sciEZv Apple: https://apple.co/3ydetAo Key takeaways Purpose is a far more powerful driver of […]
Thank you for 4 wins at the Digital CX Awards 2022
Thank you The Digital Banker for the wins! At SC Ventures, we believe that digital disruption goes beyond the digitization of channels. It’s about revamping business models & working in and outside of existing institutions to create new kinds of partnerships and explore new ways of working to serve clients. We are both thrilled and humbled to […]
White Paper: The Metaverse – An Overview
Written by: Simon Figures, SC Ventures San Francisco Email | LinkedIn In Brief The metaverse is best described as a future version of the Internet where people interact socially and professionally in persistent, shared, and immersive virtual worlds. Numerous analysts are predicting a multi-trillion-dollar opportunity with far reaching implications for a broad range of industry […]
StanChart eyes a share of Kenya’s rising e-commerce
Source: https://www.businessdailyafrica.com/bd/corporate/companies/stanchart-eyes-a-share-of-kenyas-rising-e-commerce-3732478 TUESDAY MARCH 01 2022 Standard Chartered Plc is set to enter the local e-commerce business through Solv, a technology firm it first launched in India in December 2020. The multinational’s local subsidiary, Standard Chartered Bank Kenya, is expected to be among the financial partners of the platform which offers small businesses an online marketplace, […]
Silent Eight Raises $40m in Series B Round
Source: https://www.silenteight.com/2022/03/10/silent-eight-raises-40m-in-series-b-round/ AI platform enforces economic sanctions and investigates all other financial crime risks Capital will support technology functions globally, headcount to double by end of 2022 Valuation quadrupled since last funding round in 2020 [Singapore, 10 March 2022] Silent Eight, a pioneer in the field of AI enhanced economic sanctions enforcement and financial crime […]
Standard Chartered and Shenzhen Angel FoF announce strategic partnership to jointly support FinTech enterprise and promote innovation in GBA
24 February 2022, Shanghai – Standard Chartered Bank (China) Limited today announced that it became the first international bank to have signed a strategic partnership agreement with Shenzhen Angel FoF Management Co., Ltd. (“Shenzhen Angel FoF”) to jointly support the development of FinTech companies, especially the small and medium-sized enterprises, in the Guangdong-Hong Kong-Macao Greater […]
The Business Secrets Held in India’s Nutella Jars
Small retailers in India have always been neglected by banks. Standard Chartered is taking a granular approach to helping them get credit. A case of Dove bars, a couple of dozen Lay’s packets, six jars of Nutella. To the owner of a tiny mom-and-pop store, these may just be the humdrum weekly sales figures for soap, chips and bread spread. […]
NFTs are becoming more popular as a means of proving digital asset ownership and authenticity
by Harald Eltvedt, SC Ventures Web 3.0 protocols have spawned a plethora of new applications in the fields of decentralized finance (DeFi) and digital asset tokenization on blockchain. Non-fungible tokens (NFTs) are becoming more popular as a means of proving digital asset ownership and authenticity. While NFTs are a huge opportunity for creators of all […]
SC Ventures launches TASConnect, a digital, bank agnostic supply chain finance platform
A secure and converging supply chain finance platform that empowers organisations to realise more value from their ecosystems 15 February 2022, Singapore – SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, announced the launch of Trade and Supply Chain Connect (TASConnect), a bank agnostic supply chain finance platform that unlocks significant value for […]
Olea, Refinitiv and Seabridge TFX join forces to tackle trade finance gap
Olea, Refinitiv and Seabridge TFX have entered into a Memorandum of Understanding (MOU) to transform trade finance by offering a range of short-term trade finance solutions for suppliers dealing with large buyers. Many suppliers may have limited access to trade finance which could potentially constrain their growth. They may also want a diversified portfolio on their funding sources. A recent […]
Thought Machine raises $200m in Series C funding to bring world’s banks to the cloud
source: https://thoughtmachine.net/newsroom/thought-machine-raises-200m-in-series-c-funding-to-bring-worlds-banks-to-the-cloud Thought Machine raises $200m in Series C funding to bring world’s banks to the cloud New investors JPMorgan Chase Strategic Investments, Standard Chartered Ventures and ING Ventures join cap table and client list Nyca Partners leads Series C round raising Thought Machine’s valuation to more than $1bn New institutional investors include ING Ventures, JPMorgan Chase […]