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 […]
Rewiring banking relationships
When it comes to reinventing banking, digital investment is almost a sideshow Banks have been locked in a digital arms race for many years, investing in tens of billions in their digital capabilities. So why hasn’t the dollar deluge managed to reshape how people and companies engage with financial services, the way it has in […]
We’ve launched our eXellerator innovation lab in China
Shanghai – Standard Chartered Bank announced the launch of the eXellerator innovation lab in China, that brings together employees, corporate clients and fintechs to develop innovative solutions that meet the evolving banking needs of clients. Located in Shanghai, the eXellerator in China builds on the Bank’s global network of innovation labs across Singapore, Hong Kong, London, Kenya […]
Standard Chartered is building a team to ‘rewire’ the DNA in banking. You could be part of it.
Until recently, fintechs were perceived as one of the biggest threats to banking. Now they are forging a shared future with incumbent banks to build the future of the financial system. In fact, the best ideas are believed to come from combining the respective strengths of banks and fintechs, with clients emerging as the ultimate […]
Fintech SOCASH raises US$6m to expand to Indonesia, Malaysia, Hong Kong
FINTECH startup soCash is gearing up to grow its Asian distribution network after raising US$6 million in Series B funding, it announced on Monday. The funding round was led by Japan’s Glory Ltd, and participated by global venture capital fund network Vertex Ventures as well as Standard Chartered Bank’s innovation, investment and ventures arm, SC […]
SC Ventures launches first venture: Solv
How Solv is helping Indian SMEs overcome challenges & maximise opportunities
Standard Chartered Innovation Fund eyes FinTech investments in the region
The lender is building a venture portfolio focused on digital transformation in finance SC Ventures, a fully owned subsidiary of Standard Chartered, is currently in talks with potential partners to jointly invest about $100 million (Dh367m) each in three financial sector start-ups and is scouring Middle East and Africa for more co-investment options. “We are […]