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 […]
Messaging platform Symphony raises US$165m from Standard Chartered
SYMPHONY Communication Services, a messaging platform backed and used by Wall Street banks, on Wednesday said it has raised US$165 million in new capital as part of its Series E funding round to bolster growth in Asia. Standard Chartered and Mitsubishi UFJ Financial Group were added to the existing stable of investors that include Goldman […]
Fintech Bridge: Connecting the Dots
Today’s guest is Marion Bernardi – Fintech engagement lead at SC Ventures, a Standard Chartered Bank business unit that promotes innovation, invests in disruptive financial technology and explores alternative business models for the financial industry. Marion tells us about the recent launch of the SCVentures Fintech Bridge – a platform that connects and matches partners […]
We’ve launched our 5th eXellerator lab in Kenya
Standard Chartered Bank today announced the official opening of its Africa eXellerator lab, an innovation hub that will serve as a platform to collaborate with fintechs in Kenya and the broader African region, drive innovation and develop new business models or services to meet client needs in the Africa region. This furthers adds to the […]
SC Ventures’ Hari Rajmohan & Marion Bernardi talk to Pitchdeck Asia
ATP tour visited the offices of SC Ventures in Standard Chartered Bank for the Pitchdeck Asia Startup Ecosystem tour to have a conversation with Hari Rajmohan, Marion Bernardi & Rene Michau. SC Ventures defines itself as a team working towards “rewiring the DNA in banking”. They invest in fintech startups and promote rapid testing & […]
We’ve launched our SC Ventures Fintech Bridge
New portal to tap best solutions from fintech ecosystem, combining with Bank’s innovation Singapore – SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered Bank, has created a market-first platform to connect community builders such as start-ups, investors and accelerators to the Bank. SC Ventures Fintech Bridge connects and matches partners from the fintech […]
Partnering with PCCW, HKT and Ctrip Finance to build a new virtual bank in Hong Kong
Joint venture granted virtual bank licence Hong Kong – Standard Chartered Bank (Hong Kong) Limited (“Standard Chartered”), PCCW Limited (“PCCW”), HKT Trust and HKT Limited (“HKT”) and Ctrip Financial Management (Hong Kong) Co., Limited (“Ctrip Finance”) today announced the establishment of a strategic joint venture to deliver a new standalone digital retail bank in Hong Kong. […]
We’ve set up a digital SME platform in India
The technology platform will offer SMEs access to financial and business solutions through a network of partnerships Singapore, India – Standard Chartered today announced that it will be launching an open platform for Small and Medium Enterprises (SMEs) in India, to help them grow by providing access to a range of financial and business solutions. This […]
IBM “Finance x Digital Shift 2019”
Alex Manson, Head of SC Ventures: the Future of Banking is Bright Alex Manson, Global Head of Standard Chartered Ventures, keynoted the IBM “Finance x Digital Shift 2019” conference, and he had one message for the audience: the future of banking is bright. Banking has a great future, but we have to re-invent it, we […]
What is SC Ventures?
2 March 2019
2018 Wrap up!
Thank you extended team and partners for 2018 and looking forward to a transformative 2019! We’ve had a busy 2018 with many milestones. I thought it would be a good time to reflect and celebrate some achievements, and look forward to you all joining the movement or continuing to work with SC Ventures to bring […]
Rewiring the DNA in banking
The Global Head of our innovation hub SC Ventures on transforming banking with intrapreneurs, fintechs and new business models At the start of the year, we launched SC Ventures, a new group designed to promote innovation, partner with and invest in fintechs and rethink business models. We caught up with Alex Manson, Global Head of […]
We’ve opened our UK eXellerator lab!
London. Standard Chartered has opened an eXellerator innovation lab in London, providing a platform to co-create solutions with clients, build stronger engagement with the local fintech community and drive innovation across the Group. The London eXellerator is located in the Bank’s head office within the City of London and will serve as its UK and European […]
SC Ventures: Combining venture capital with internal innovation
SC Ventures launched in Singapore; combines internal accelerator with venture capital. Standard Chartered and venture capital have not been the best of friends in recent years. The bank has spent more than three years exiting its loss-making private equity arm, a process that is still grinding along now. What to make, then, of SC Ventures, […]
Chat with the Digital Innovators: Alex Manson Head of SC Ventures
It is indeed a rare opportunity to have a quick chat with the man in his new role at SC Ventures – a new business unit established in Mar 2018 to lead digital innovation across Standard Chartered Group. The new unit invests in fintechs, startups and promote the rapid testing and implementation of new business […]