Tagged: sc ventures

November 8, 2023 @ 4:21 am By Omar Faridi  |  

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is partnering with SBI Holdings, a Japanese financial conglomerate, to establish a Digital Asset Joint Venture investment company in the United Arab Emirates (UAE). The parties say that they intend “to capitalize the vehicle with… Read More

May 26, 2023 @ 2:04 am By Omar Faridi  |  

SC Ventures, Standard Chartered’s (LON: STAN) innovation, fintech investment and ventures arm, has exited its stake in Metaco SA, a Swiss-based tech firm offering critical software infrastructure that enables institutions to issue, secure, manage and trade digital assets. SC Ventures was “one of the early… Read More

August 25, 2022 @ 10:10 am By Omar Faridi  |  

Standard Chartered announced that it has invested funds in Hong Kong-based KYC, KYB and data management platform with the aim of “accelerating the company’s product development and boosting its sales organization – both to meet the increasing demand of the global identity verification market for… Read More

August 7, 2022 @ 9:27 pm By Omar Faridi  |  

SC Ventures recently revealed that it has introduced Appro, which is a Fintech that digitizes and enhances the retail banking customer experience. Supported by SC Ventures, Standard Chartered’s Fintech investment and ventures unit, the “bank-agnostic” platform intends to signifiantly reduce the time taken to finalize… Read More

July 28, 2022 @ 8:14 am By JD Alois  |  

Zodia Markets, a crypto exchanger and brokerage catering to institutional investors, has been registered as a crypto platform with the UK Financial Conduct Authority (FCA) and officially launched its crypto trading business. In the UK, a crypto exchange must be registered with the FCA to… Read More

June 14, 2021 @ 10:47 pm By Omar Faridi  |  

BC Technology Group, a digital asset and Fintech-focused firm as well as the parent of OSL, has acquired a $70 million (appr. HKD 543.19 million) investment from Singapore’s GIC, the city-state’s sovereign wealth fund. BC Technology Group says it’s planning to further develop and improve… Read More

June 11, 2021 @ 10:25 am By Omar Faridi  |  

The innovation and ventures division at Standard Chartered (LON: STAN) has teamed up with fund manager Franklin Templeton in order to introduce a “wealth, health and lifestyle” consumer platform for Singapore residents. Excited to announce our partnership with @FTI_Global to launch Autumn in SG, a… Read More

December 10, 2020 @ 8:31 am By Samantha Hurst  |  

OpenFin, the operating system (OS) of finance, announced on Wednesday it secured a strategic investment from SC Ventures, the innovation, fintech investment and ventures arm of international banking group, Standard Chartered. According to OpenFin, the investment’s funds will accelerate new product development and brings OpenFin’s… Read More

December 9, 2020 @ 1:15 pm By Samantha Hurst  |  

SC Ventures, the innovation and ventures unit of Standard Chartered, announced on Wednesday it has teamed up with Northern Trust, a provider of asset servicing, to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies. According to the duo, Zodia is designed to enable institutions… Read More

July 19, 2020 @ 8:00 pm By JD Alois  |  

METACO, a provider of digital asset infrastructure for financial institutions, has raised $17 million in a Series A round. In a release, the Switzerland based Fintech said the round was oversubscribed, with demand over double the initial target. METACO said their captured continued support from… Read More

January 17, 2018 @ 1:45 pm By Samantha Hurst  |  

On Wednesday, Standard Chartered announced it has established a new business unit, SC Ventures, to lead its digital innovation by investing in fintechs and other start-up companies, along with promoting rapid testing and implementation of new business models. According to Standard Chartered, SC Ventures will be… Read More