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. […]

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 […]

SC Ventures launches letsbloom to enable organisations in regulated industries to build, run, and deploy in the cloud

source: sc.com Singapore – SC Ventures, Standard Chartered Bank’s innovation, fintech investment and ventures arm, announced the launch of letsbloom, a fintech that will give clients operating in regulated industries (such as financial services, healthcare and government) the ability to securely build, deploy, and run business applications on the cloud quickly and cost efficiently. letsbloom has […]

We’ve launched Shoal to empower UK savers to fight climate change

source: sc.com London – Today SC Ventures, the innovation arm of Standard Chartered Bank announced the launch of Shoal, a new digital platform powered by Starling Banking Services that will give UK savers the power to help fund the fight against climate change. Launching in 2022, Shoal will invest exclusively in green and sustainable projects, and […]

Zai – merger creates a new force in financial services

New brand launches forecasting processing volume growth of over 60% in 2021 as merger of Assembly Payments and CurrencyFair receives regulatory approval. Source: hellozai.com DUBLIN — 04 November 2021 — The merger of Assembly Payments, whose platform automates complex payment workflows, and CurrencyFair, a global cross-border payments platform, has received regulatory approval and is now […]

We’ll be at Singapore FinTech Festival 2021!

As a corporate sponsor of #SFF2021, Standard Chartered will be hosting an entire week of virtual events at this year’s Singapore FinTech Festival on 8 – 12 November, to showcase existing and potential partnerships around themes such as #DecentralizedFinance, #Web3.0, #EmbeddedFinance and more! These sessions will be streamed on our co-exhibitor site on the Singapore FinTech Festival platform […]