Tag "sc ventures"
SC Ventures Invests in Sharia-Compliant UK Fintech Algbra
SC Ventures, the innovation and ventures unit of Standard Chartered, has made a strategic investment in Algbra, a UK-based fintech that focuses on ethical and sharia-compliant finance. The financial details of the investment have not been disclosed. Shoal, which is
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SC Ventures and NEXT176-Backed Fintech Firms Set to Merge by Mid-2024
SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and NEXT176, the venture arm of the Pan-African group Old Mutual, have announced the launch of a new wealth management platform. This collaboration aims to make financial planning
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Wealth Management Trends Transforming the Industry in 2024
Emerging technologies are critical for wealth management firms as economies faced a dampened investment environment in 2023, with disappointing equity returns and sky-high interest rates. As a result, wealth preservation became the most crucial goal for high-net-worth individual (HNWI) investors
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SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems
SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). This PoC involved executing real-time cross-border test transactions between various Central Bank Digital
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SC Ventures Spins off Audax, Kelvin Tan Leads as CEO
SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, has spin off audax Financial Technology as a digital banking technology solutions provider. Previously, audax’s solution powered Standard Chartered nexus (SC nexus), a white-label plug-and-play BaaS offering for large
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StanChart and SMU Launches Women in Entrepreneurship Incubator
Standard Chartered Bank has launched a new Women in Entrepreneurship Incubator in partnership with Singapore Management University’s (SMU) Lien Centre for Social Innovation. The Incubator is funded by the bank’s US$300,000 donation to the university to support female entrepreneurship focused
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SC Ventures Invests in Financial Planning Advisor BetterTradeOff
BetterTradeOff (BTO), a Singaporean fintech offering online financial advisor solution, has secured an undisclosed sum from Standard Chartered’s investment arm SC Ventures, according to a report by The Edge Singapore. Standard Chartered Bank has an existing partnership with BTO in
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The Growing Threat of Cybercrime as a Service to Asia’s Financial Institutions
The growth of internet usage, online banking, and digitalization of financial services has increased cybercrime and cyber criminals’ attack surface. Financial institutions are a prime target for cyber-attacks due to the large amounts of data and money they hold. In
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Top 10 Highlights from Last Week’s Singapore Fintech Festival
The seventh edition of the Singapore Fintech Festival (SFF), one of the world’s largest annual fintech events, kicked off on October 31, 2022 as an in-person event at the Singapore Expo. This year’s event, themed “Building Resilient Business Models amid
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Meet the 36 SFF Global Fintech Awards Winners
36 companies and individuals have been selected as winners of the SFF Global Fintech Awards 2022 under the theme “Embracing Digital, Charting the New Normal”. The winners, which were announced during the Singapore Fintech Festival’s Fintech Awards Dinner, were selected
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