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5 results for "SC Ventures"

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Standard Chartered Partners with Bukalapak to Launch BaaS Digital Banking

Standard Chartered partnered with Indonesian e-commerce platform Bukalapak to launch digital banking solutions via its nexus Banking-as-a-Service platform. The partnership enables embedded banking services including accounts and payments for Bukalapak's 100+ million users and 13.5 million sellers. This marks a significant push for financial inclusion in Indonesia through embedded finance.

Jan 14, 2021

Standard Chartered's nexus BaaS Platform Partners with Sociolla in Indonesia

Standard Chartered's nexus Banking-as-a-Service platform partnered with Indonesian e-commerce platform Sociolla to co-create financial products including savings accounts, loans, and credit cards. The products will be offered under Sociolla's brand, targeting Indonesia's large unbanked population. This is nexus's second Indonesian partnership, expanding Standard Chartered's embedded finance footprint in a high-growth e-commerce market.

Oct 1, 2020

Standard Chartered Launches 'nexus' Banking-as-a-Service Venture via SC Ventures

Standard Chartered's innovation arm SC Ventures launched 'nexus', a Banking-as-a-Service platform enabling ecosystem players such as e-commerce platforms to offer white-labelled financial services. The venture operates as a separate legal entity with approximately 100 staff across Singapore, India, and Indonesia. Its first partner is a major unnamed e-commerce platform in Indonesia, with co-created products planned for 2021.

May 1, 2020

SC Ventures Launches Fintech Bridge to Match Fintechs with Bank Challenges

Standard Chartered's innovation unit SC Ventures launched Fintech Bridge, a platform connecting fintechs with the bank's business challenges across Asia, Africa, the Middle East, and Europe. The program funds proofs-of-concept and offers market exposure. It represents a major bank embracing embedded fintech partnerships at scale.

Mar 1, 2019

Standard Chartered Launches SC Ventures Unit to Invest in Fintechs

Standard Chartered established SC Ventures, a new business unit dedicated to investing in fintechs, sponsoring ventures, and driving digital innovation. The unit focuses on distributed ledger technology, payments, and other emerging areas. It builds on prior fintech proofs-of-concept conducted by the bank.

Mar 1, 2018