SOLV supporting India’s SMEs and community during COVID-19
India’s lockdown to stem the spread of COVID-19 has affected many business owners, and disruption in the supply chain had caused a massive shortage. Kiranas (grocery shops), medium to large retailers have had to close their shops. India’s lockdown to stem the spread of COVID-19 has affected many business owners, and disruption in the supply […]
What “nexus” means for StanChart – the strategy behind ‘banking as a service’
What “nexus” means for Standard Chartered
2 years of Rewiring the DNA in banking
It’s now been 2 years since we started SC Ventures. Then, we highlighted three priorities: creating strategic options in banking through venture building, committing to intrapreneurship focused on client and business problem statements, and experimenting with the way we work. On the second anniversary of starting our mission of Rewiring the DNA in banking, we […]
Standard Chartered launches “Banking as a Service”
Standard Chartered launched its “Banking as a Service” solution, nexus. Through nexus, digital platforms and ecosystems like e-commerce, social media or ride hailing companies, will be able to offer loans, credit cards and savings accounts co-created with the bank to their customers under their own brand name. Standard Chartered is starting off with a major […]
Delivering next generation payments with Assembly
Singapore, Melbourne – Standard Chartered and leading payments solution provider, Assembly Payments, have set up a new joint venture to deliver next generation payment solutions for the USD 29 trillion global e-commerce industry[1]. The new company will be headquartered in Singapore with the intent to grow the business globally, and will offer a sophisticated digital […]
SILENT EIGHT
A startup that specializes in combating money laundering and terrorism financing using Artificial Intelligence Silent Eight came to us as a fairly small company with a great idea and a first version of their product but there was a long, complex journey on the horizon – the nature of their product (optimizing name screen processes […]
PAXATA
A startup specializing in data preparation using simple interfaces In 2016, Paxata came to us with a solution to a specific problem around risk and compliance. With their technology and our expertise and network, we turned a successful Proof of Concept (PoC) into an investment and a long-term partnership. Standard Chartered provided consistent support throughout– […]
MONEYTHOR
A startup specializing in the personalization of Digital Banking services through AI Moneythor first delivered a PoC before winning a tender with us in 2018. With a strong commitment to digital banking & technology and a truly global footprint, we are glad to be working alongside Moneythor to further advance personalisation and engagement in our […]
INSTABASE
A San Francisco-based startup with a suite of operating solutions for adaptability For what started out as a small team of 3-4, Standard Chartered’s belief in and commitment to Instabase was a key factor in the success of the partnership. Bringing Instabase into production from PoC, Standard Chartered acted as the constant bridge between the […]
DEMYSTDATA
A startup specializing in providing financial institutions with access to external data For over 2 years, DemystData has supported several digital and data transformation initiatives at Standard Chartered working specifically on automation and customer verification projects in several geographies. Throughout the process, Standard Chartered has been a supportive partner, providing guidance and visibility within the […]
DATAROBOT
A startup specializing in predictive models with machine learning technologies In 2016, DataRobot won a tender with the Analytics arm of Retail Banking, building models to better target consumers for retail banking products via upselling and cross-selling. Providing an influential point-of-contact, vested executive sponsorship and the opportunity to work through various use cases across our […]
SOCASH
SG-headquartered fintech that allows bank customers to perform banking services like cash withdrawal & loan applications at retail shops via a mobile app. Standard Chartered has integrated soCash into SC Mobile, its mobile banking app in Singapore, since 2017 to increase customer convenience by enabling them to withdraw cash through a network of retail outlets. […]
Hong Kong banks race for digital dominance
Eight new virtual groups are set to join the territory’s crowded market 10 December 2019 Hong Kong is not a city obviously in need of more banks. Almost all Hongkongers have at least one banking product and HSBC alone has 100 branches in the territory. Yet eight new entrants are set to join this crowded […]
Can elephants dance? – A SC Ventures eXellerator Panel Discussion
20 November 2019
SC Ventures’ eXellerator Lab Crawl
Ventures: Creating optionality
13 November 2019
SC Ventures at Hong Kong Fintech Week
8 November 2019 We had a great time at Hong Kong FinTech Week 2019! Thank you for meeting us at our booth! And thank you for all the speakers who shared their expertise with us: Economy in China and Hong Kong by Kelvin Lau and Rose Kay Partnering with SCB – SC Ventures, Bridge, Banking […]
Lead2030 Challenge Winner’s journey and mentorship from SC Ventures
Instabase: Partnership success story
This latest round brings Instabase’s total funding to $132 million and values the company at over $1 billion.
The eXellerator Hong Kong is now at Central, Des Voeux Road 2/F!
The launch of our 2nd lab in HK puts us at the heart of the city and fintech ecosystem. We look forward to more collaboration. The 3 day series of events kicked off with a Breakfast session on our HK virtual bank followed by a lab tour showcasing capabilities and how SC Ventures is a […]