SC Ventures and Yabx, a Tech Mahindra Group company, invest $10 Million to setup Furaha and expand access to purpose-driven financing in Africa
Furaha combines SC Ventures’ global expertise and risk management capability with Yabx’s future-ready tech and alternate lending platform Furaha offers purpose-driven loans centred around education, gender and other responsible lending pillars for African markets Davos, Jan. 24, 2025 – SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies (Netherlands) B.V., a […]
SC Ventures and KiyaAI launch Akashaverse to redefine inclusive and accessible VR, AR and AI Experiences
Singapore, January 23, 2025 – SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, in partnership with KiyaAI, a digital solutions provider, is launching Akashaverse, an entertainment, social, ecommerce and lifestyle hub using immersive technologies and artificial intelligence. Akashaverse will explore immersive and interactive digital environments and intends to transform how people experience and […]
Eden Exchange acquires Dealcierge to establish one of the largest M&A marketplaces and private deal networks in the Asia Pacific
Melbourne fintech Eden Exchange acquires Dealcierge from SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm Creating a complete end-to-end platform for market services in APAC for buying and selling businesses Targeting underserviced SME transactions, enabling deal and capital flow across borders 20 January 2025, Melbourne/Singapore: Australian fintech Eden Exchange has acquired SC Venture’s […]
Standard Chartered-backed Zodia Custody and SBI establish joint venture to set up the first tier 1 crypto asset custodian in Japan
London, UK — 02 February 2023 — – Zodia Custody Limited (“Zodia Custody”), a leading crypto asset servicing provider for institutional investors and a subsidiary of Standard Chartered, and SBI Digital Asset Holdings Co., Ltd. (“SBI DAH”) announce that they have entered into definitive agreements to launch a joint venture in Japan. Subject to anti-trust […]
Digital assets move one step closer to standardised processing in multibank partnership
26 January 2023, Singapore/Frankfurt – SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, Landesbank Baden-Württemberg (LBBW) one of the largest banks in Germany, DekaBank and financial software specialist Comyno have entered into a joint venture to create SWIAT, a blockchain platform that enables real time settlement and trading of traditional and digital data, […]
B2B marketplace Solv launches in Kenya to unlock MSMEs’ growth potential
Nairobi, October 19, 2022 – Micro, Small and Medium Enterprises (MSMEs) in Kenya will now be able to access working capital financing and a wide range of other business solutions following today’s launch of Solv in Kenya. In addition to providing access to multiple financial institutions, the full-stack platform promises to be a growth partner, […]
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. […]