StanChart’s ‘banking as a service’ enables ecosystem players to offer financial services seamlessly
Standard Chartered has unveiled its new banking as a service venture ‘nexus,’ which offers partnership opportunities and allows ecosystem players to enter financial services without having to set up a bank. The banking as a service model opens opportunities for new entrants to provide financial services without having to build it from scratch Standard Chartered’s […]
WFH Chronicles: SC Ventures’ Alex Manson
Singapore’s «circuit breaker» – a curb of all non-essential businesses and activities, and heightened social distancing – has dramatically changed the daily routine for professionals in the financial services sector, many of whom are now working from home (WFH). This series takes a look at how they are coping during the city’s lockdown. Singapore’s fight […]
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 […]
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 […]
Edward Neequaye, winner of Lead2030 SDG 9, receives $50,000 as well as mentorship support from SC Ventures
Edward Neequaye, CA, one of the winners of #Lead2030, receiving $50,000 as well as mentorship support from SC Ventures as he works towards #SDG 9: Building resilient infrastructure, promoting sustainable industrialization and fostering innovation. We’re proud to support Edward and Built Accounting. Catch him at our Standard Chartered Bank booth at #Lead2030 #OYW2019 Summit in […]
Fighting financial services misconduct with Digital Reasoning
Extended Series D-1 funding will enable the AI company to continue momentum in financial services and drive innovation in rapidly growing international markets NASHVILLE, Tenn., Sept. 17, 2019 (GLOBE NEWSWIRE) – Digital Reasoning, a leader in Artificial Intelligence (AI) that understands human intentions and behaviors, today announced a strategic investment from SC Ventures, the innovation, ventures […]
Lender to expand fintech moves
StanChart plans to use innovation hub in Shanghai for delivering the next generation of financial products Standard Chartered Bank Plc is planning to deepen its financial technology footprint in China by bringing its dedicated innovation hub to Shanghai. The eXellerator lab, an in-house program powered by the United Kingdom-based bank’s innovation, fintech investment and ventures […]
SC China CEO, Jerry Zhang, on how innovation labs play a crucial role in redefining the future of banking
Inside Standard Chartered’s eXellerator
Bank accelerators typically tap the startup world for their next ideas, but not Standard Chartered. Fiona McFarlane sits down with man in charge Dominic Maffei, SC Ventures Lead for Financial Markets and UK/EU, at the bank’s London offices to hear how this specially created business unit manages to successfully strongest innovation from its very own staff. I […]