audax and Tuum partner to accelerate digital transformation for Financial Institutions

ABU DHABI, 11 December 2024 – audax Financial Technology (“audax”), a comprehensive digital banking technology solutions provider backed by Standard Chartered, and Tuum, a leading next-generation core banking provider, have announced a partnership to empower financial institutions. Initially focused on the Middle East, the partnership will deliver rapid digital banking capabilities, incremental core modernization, and scalable […]

Zodia Markets granted Financial Services Permission by ADGM, strengthening Middle East presence

Abu Dhabi, 10th December 2024 – Zodia Markets, the institution-first digital asset brokerage, has been granted a Financial Services Permission (FSP) by the Financial Services Regulatory Authority (FSRA) of ADGM. The licence grants Zodia Markets (AME) Limited permission to operate a regulated virtual asset brokerage in ADGM, cementing the firm as a global leader and reiterating […]

SC Ventures and LuLu Financial Holdings are set to enter into an MoU, aimed at co-creating transformative startups across the Middle East

#AbuDhabiFinanceWeek: We are thrilled to announce that SC Ventures and LuLu Financial Holdings are set to enter into a Memorandum of Understanding (MoU). The partnership is aimed at co-creating transformative startups across #UAE and the wider #MiddleEast region, leveraging our global expertise and experience building scalable ventures and LuluFin’s regional financial expertise and deep network. […]

Supporting Regulatory Digital Asset Strategies Across the Globe

We are continuing to drive growth as an integral part of Standard Chartered Group’s innovation mandate. Specifically, our digital assets ventures are playing key roles in regulatory digital asset strategies across the globe.  In Asia, Libeara, our tokenization platform, along with Standard Chartered Bank (Hong Kong), Mox and Mastercard successfully completed a Proof of Concept […]

We’re back with an exciting line-up at this year’s Singapore FinTech Festival Lab Crawl

Join us for an exciting line-up of panels at this year’s Singapore Fintech Festival Venture Lab Crawl, where cutting-edge innovation meets real-world impact. Over a series of focused discussions, gain insights into how we are unlocking new avenues for growth, building and driving innovative solutions that bridge financial institutions with society’s ever-evolving needs. From reshaping […]

US$1 Billion Throughput and grant of Capital Market Services (CMS) License

10 September 2024, Singapore – Olea Global Markets Pte Ltd, a wholly-owned subsidiary of Olea Global Pte Ltd (Olea), has successfully obtained a Capital Markets Services (CMS) License from the Monetary Authority of Singapore (MAS) for dealing in capital markets products. Olea has also passed the US$1 billion milestone for supply chain and trade assets […]

BIM Ventures and SC Ventures Sign Memorandum of Understanding to Foster Innovation and Build Fintech Companies at the 24Fintech Conference

BIM Ventures has partnered with SC Ventures, part of Standard Chartered, to sign a Memorandum of Understanding (MoU) aimed at collaborating on fintech innovations tailored for the Saudi market, with a focus on creating impactful joint ventures. This collaboration leverages the deep expertise of both companies, combining BIM Ventures’ multidisciplinary venture-building capabilities with SC Ventures’ […]

2024 Q2 Quarterly Perspectives

Exploring AI All eyes are on Artificial Intelligence (AI) and Generative AI (GenAI). Our industry is still experimenting with the technology and we are no different, but it will come as no surprise that AI is already part of our daily activities and our ventures have incorporated AI in their businesses. For example, TASConnect, our […]