Experiment with new business models as independent business ventures

18 Funded Ventures; 5 Ventures Launched

Themes: Related to but not restricted to financial services, underpinned by demographics/trends
Markets: Mostly in Standard Chartered footprint, however not restricted to the Bank’s strategy
Proposition: Commercially viable and investable business
Governance: Eventually separate legal entity with own board & under SCV Committee for risk governance
Ownership: Seed funded by Standard Chartered –expected to attract strategic/financial investors
Linkage with Standard Chartered: Not directly solving for BAU business -can leverage Standard Chartered clients, infrastructure, people, license etc