Fund profile
SC Ventures
Singapore, Singapore
Not leading
About
SC Ventures is the innovation and fintech investment arm of Standard Chartered Bank, created to drive digital transformation within the banking sector and foster disruptive business models. Launched in 2018, SC Ventures operates in three core areas: internal consulting (or catalysts), venture investments, and venture building. This multifaceted approach allows SC Ventures to partner with fintech companies, incubate new ventures, and invest in cutting-edge technologies that enhance banking services. The venture unit focuses on incubating and scaling disruptive businesses, leveraging Standard Chartered’s global platform. It actively supports emerging technologies like blockchain, AI, and digital assets, aiming to transform financial services. SC Ventures has a portfolio of over 20 companies, including Ripple, Nium, and Thought Machine, which are pioneering innovations in areas like global payments, blockchain infrastructure, and banking software. The firm typically invests in Series A to pre-IPO rounds, with strategic minority stakes ranging from $1 million to $10 million. SC Ventures also fosters an internal "Intrapreneurship" program, encouraging employees to develop innovative ideas that are supported through structured bootcamps and scaling resources. Its global reach spans Asia, Africa, and the Middle East, making it a significant player in financial technology investments. Headquartered in Singapore, SC Ventures is led by Alex Manson, with a lean, diverse team composed of technologists, venture builders, and financial experts, all working to shape the future of banking through innovation.
Details
Highlights
$8.7M
Historical average check
$45M
Historical max check
April 2024
Last investment date
24
Investments
Fintech & Financial services
Software & Apps
Consumer Goods & Electronics
Web 3.0
Data & Analytics
Sharing economy
Legal & Professional services
Advertising & Marketing
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Contacts
Website
scventures.ioSocial
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