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 to fight Financial Crime) required working with a lot of confidential data and building out a proof of concept.

Standard Chartered provided consistent support throughout the process – providing visibility within the Bank, a network that was ever willing to help, a proven methodology to test their solution and ultimately, a culture of innovation that is willing to take risks and put money behind ideas to roll them into production across our offices across the globe.

Silent Eight is currently working with Standard Chartered on anti-money laundering screening in the Financial Crime and Compliance area across our global footprint.

“It’s the sum of all the small things that made it possible for us to achieve what we did in a relatively short period of time, helping us reduce all the risks along the way so that we could get to the finish line faster.”
– Martin Markiewicz, CEO

https://fintechbridge.scventures.io/public/our-partner/details/Silent%20Eight

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– providing visibility and clarity around processes within the Bank, an inclusive culture and ultimately, a willingness to take risks and champion startups to deliver solutions across our footprint.

Paxata continues to work with us, making data more accessible for our employees and improving the way we use information for better analysis, reporting and ultimately better decision-making, in areas like Financial Crime Compliance, Retail Banking and Operational Risk.

“During my time with Standard Chartered, they really made me feel like I was one of the team – one of Standard Chartered Bank, and never did I feel like I was a vendor on the outside. It was a very inclusive culture, which was really lovely.”
– Callum Finlayson, Regional Director, Asia

https://fintechbridge.scventures.io/public/our-partner/details/Paxata

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 digital services. 

We are currently working with Moneythor to improve our transaction data classification and to deliver tailored recommendations, actionable insights as well as personal finance management (PFM) features.

“The strength of Standard Chartered Bank across regions was definitely a huge factor in this partnership. We have global ambitions and ultimately want to roll out our products across markets and working with Standard Chartered certainly offers such visibility and opportunities.”
– Olivier Berthier, Founder & CEO

https://fintechbridge.scventures.io/public/our-partner/details/MONEYTHOR

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 Instabase team and key stakeholders, facilitating discussions in consolidating and understanding the objects and operations of all involved parties by providing a dedicated team to navigate the Bank. 

The Standard Chartered approach was extremely focused on getting a real world use case, giving active feedback to iterate with them instead of long development plans.  

“Standard Chartered invested a lot of time and money into our small team. The team at Standard Chartered really believed in our product and that drove the project forward.”
– Anant Bhardwaj, CEO of Instabase

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 Bank to communicate and liaise across various units to drive projects forward and create ultimate value for SCB customers. 

“Standard Chartered’s appetite for innovation in data strategy has made it a perfect partner for DemystData as we collaboratively explore how to improve the customer experience across diverse markets.”
– Vaibhav Thadakamalla, Director APAC Client Engagement

https://fintechbridge.scventures.io/public/our-partner/details/DemystData

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 diverse markets, Standard Chartered empowered DataRobot to carve out a strong value proposition, and deliver a winning solution that we have been using for 3 years now.

“Traditionally with corporations, the points of contact that we’ve worked with have not been someone who’s embedded directly in the business. However, having the support of a champion who knew all the potential stakeholders and ensured they were involved throughout the entire process certainly made it much easier for us to facilitate a lot of the things we wanted to do.”
– Brendan Lim, Managing Director, Sales

https://fintechbridge.scventures.io/public/our-partner/details/DataRobot

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. Continuing this partnership, SC Ventures has recently invested into soCash as they expand their business across South East Asia. 

We spoke to Hari Sivan, Founder & CEO of soCash on how the fintech is improving customers’ access to cash, easily and conveniently.

With every conversation, the engagement and the business keep increasing and that’s the value of the relationship we see working with Standard Chartered.

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. Continuing this partnership, SC Ventures has recently invested into soCash as they expand their business across South East Asia. 

We spoke to Hari Sivan, Founder & CEO of soCash on how the fintech is improving customers’ access to cash, easily and conveniently.

With every conversation, the engagement and the business keep increasing and that’s the value of the relationship we see working with Standard Chartered.
– Hari Sivan, Founder & CEO of soCash

https://fintechbridge.scventures.io/public/our-partner/details/SoCash