We’ve partnered with Linklogis to rally investors to drive sustainable trade finance
Source: https://www.sc.com/en/media/press-release/weve-partnered-with-linklogis-to-rally-investors-to-drive-sustainable-trade-finance/ Singapore – Standard Chartered, a leading international banking group, and Linklogis, a leading supply chain finance technology solution provider in China, today announced a joint venture to establish Olea, a fully-digitised trade finance origination and distribution platform that aims to bring together institutional investors seeking opportunities in an alternative asset class with businesses requiring […]
Mobilizing the potential of AI for sustainable trade finance
Around the world, 1.7 billion people still lack access to a formal bank account. As data grows exponentially, AI has the power to transform this data profusion into financial inclusion, with the right infrastructure and ethical framework. In a recent World Economic Forum article, SC Ventures’ Amelia Ng and Laurent Le Moal, CEO of PayU, share the three key elements needed […]
We’re excited to announce that Zodia Custody is now registered with the Financial Conduct Authority
We’re excited to announce that Zodia Custody, our institutional grade cryptoasset custody solution based in London, is now registered with the Financial Conduct Authority (FCA) and providing commercial services to clients as a cryptoasset business. Zodia Custody, developed with Northen Trust Corporation, satisfies institutional investors’ need for a cryptoasset custodian that understands traditional custody, while maintaining […]
Our collaboration with ENGIE Factory Asia-Pacific
In line with efforts to reach net zero emissions by 2050, we’re thrilled to announce our collaboration with ENGIE Factory Asia-Pacific to build and invest in new sustainability startups. Combining our strength in financial services and ENGIE’s expertise in low carbon energy solutions, we aim to create high-growth ventures that address climate change, accelerating Asia’s […]
TP ICAP to launch crypto trading platform with Fidelity, Standard Chartered
Zodia Custody, our digital assets custody venture, is collaborating with TP ICAP to provide custody services for their wholesale trading platform for spot crypto assets. The platform will provide clients with the trading infrastructure, connectivity, surveillance, and market standards they require as a minimum across traditional markets, whilst also recognising the nuances of this new asset class, […]
Coming soon: a financial solution leveraging Standard Chartered’s banking expertise and Bukalapak’s digital innovation
Earlier this year, we announced our partnership with Bukalapak. Customers in Indonesia can soon download our new digital banking app by nexus by Standard Chartered and Bukalapak to access banking services at their fingertips anytime, anywhere. A first for Indonesia’s digital banking landscape, our digital savings account provides a completely paperless, non face-to-face onboarding experience, leveraging advanced automation and security technologies […]
We’re excited to announce our partnership with Franklin Templeton, to launch Autumn in Singapore
We’re excited to announce our partnership with Franklin Templeton, to launch Autumn in Singapore, a first-in-market wealth, health and lifestyle consumer platform. Autumn will make it easier for customers to plan their finances and future, through a comprehensive range of tools, products, and services across all aspects of wealth, health, and lifestyle regardless of their life stage. Full story here: https://www.sc.com/en/media/press-release/weve-partnered-with-franklin-templeton-to-launch-autumn-a-wealth-health-and-lifestyle-consumer-platform/
We’ve partnered with BC Technology Group to establish a digital-asset brokerage and exchange platform
We’re excited to announce that we’ve partnered with BC Technology Group (Stock Code: 863 HK) to establish a digital-asset brokerage and exchange platform for institutional and corporate clients in the UK and Europe. Digital-asset trading has grown significantly, with the total value of trading volume on major digital-asset exchanges averaging over USD4 billion per day, […]
Synechron, Squirro and Standard Chartered Bank Win 2021 Big Innovation AI Excellence Award and The Asset Triple A Digital Award for “Client Insights”
Client Insights, an idea from our 2018 intrapreneur challenge, won 2 key industry awards – 2021 BIG Innovation AI Excellence Awards + “Best Digital Collaboration Project” at The Asset Triple A Awards! The solution equips our frontline staff with actionable insights to identify opportunities for our clients using AI. Proud to support our intrapreneurs and […]
We’ve turbocharged our digital payments proposition with investment and the merger of CurrencyFair with Assembly Payments
Singapore – CurrencyFair, a global cross-border payments platform and Assembly Payments, whose platform automates complex payment workflows, today announce their merger as a result of a strategic investment by Standard Chartered, subject to shareholder and regulatory approval. SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered is doubling down on its commitment […]
A year of grit and growth
By: Alex Manson, SC Ventures Well… we didn’t see that one coming! Last year was painful for most people, to varying degrees – at times tragic with the loss of loved ones, emerging forms of mental illness, loss of jobs and means of living. The gap between rich and poor increased and humanity suffered […]
Standard Chartered partners with Bukalapak to launch digital banking solutions
Standard Chartered announced today it has formed a strategic partnership with Indonesian e-commerce giant Bukalapak, to launch “innovative offerings” as part of efforts to advance its focus on digital banking. Hosted on the nexus platform – a banking-as-a-service solution by the bank’s innovation and venture arm SC Ventures, the partnership will see Standard Chartered provide […]
SC Ventures Invests in OpenFin
The strategic investment by Standard Chartered unit will help OpenFin meet growing demand for digital workspaces and app stores New York & London, Dec. 9, 2020 — OpenFin, the operating system (OS) of finance, announced today that it secured a strategic investment from SC Ventures, the innovation, fintech investment and ventures arm of international banking […]
We’ve partnered with Northern Trust to launch Zodia, a cryptocurrency custodian for institutional investors
London – SC Ventures, the innovation and ventures unit of Standard Chartered, and Northern Trust, a leading provider of asset servicing, have entered into an agreement to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies. Cryptocurrencies already represent 0.3% of the world’s currency and bank deposits and are forecast to continue growing with a […]
SC Ventures backs SOLV in enabling seamless trade and access to finance for small businesses in post-COVID world
The full-stack B2B e-commerce platform will allow thousands of Indian buyers and sellers to improve supply chain efficiency for sustainable growth India – SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered, today announced the commercial launch of SOLV, a full-stack B2B marketplace for micro, small and medium enterprises (MSMEs) in India. […]
UnionBank, Standard Chartered pioneer blockchain-enabled bond issuance in the Philippines
Union Bank of the Philippines (UnionBank), in partnership with Standard Chartered Bank (SC), successfully completed a proof of concept for the issuance of a retail bond on a digital platform leveraging blockchain technology for bond tokenization. The 3 and 5.25-year dual tranche issuance totalling PHP 9 billion by UnionBank was successfully mirrored on the platform […]
Disruptive digital solutions is rewiring the DNA of Banking
By Kennedy Mubita, Africa Head, SC Ventures. Imagine a bank whose customers can tap on a wearable device to make a payment, regularly receive updates on changes they could make to their investment portfolio through AI-generated insights. A bank that enables its customer to own their data through the application of blockchain technology and share […]
We made a strategic investment in Secret Double Octopus
Standard Chartered backs passwordless tech startup Secret Double Octopus LONDON (Reuters) – Standard Chartered Plc’s venture capital arm SC Ventures has made a strategic investment in Secret Double Octopus, a Tel Aviv-based startup providing authentication technology that removes the need for passwords, the companies said on Thursday. The financial terms of the deal were not […]
Group Backed by ING Bank, Fidelity and Standard Chartered Releases Crypto AML Tools
The Travel Rule Protocol (TRP), a working group favored by banks and traditional financial institutions and focused on bringing crypto in line with global anti-money laundering (AML) standards, has released the first version of its application programming interface (API). Announced Thursday, the 25-member TRP working group, which includes Standard Chartered, ING Bank and Fidelity Digital […]
nexus 2nd partnership with Sociolla
nexus has established partnership with beauty and personal care e-commerce platform Sociolla to introduce financial products to their users Jakarta – Standard Chartered Bank announced its partnership with Sociolla through nexus, its “Banking as a Service” solution. In line with the Bank’s vision to enable convenient access to financial services for tech-savvy consumers across its market, […]