Standard Chartered launches FinTech Bridge

SC Ventures, the FinTech investment unit of Standard Chartered, is launching a market-first platform to connect startups, investors and accelerators with the bank.

The FinTech Bridge is aimed at combining its own innovation drives with the best solutions from the wider FinTech ecosystem.

The portal will match partners with the internal Standard Chartered community, enabling them to offer the bank’s business units their proposed solutions or request investments.

Investors can also use the portal to recommend startups to the bank for future collaborations, with the aim of moving FinTechs from initial application to final selection within three months.

Alex Manson, head of SC Ventures, said: “We understand how frustrating it can be for startups to find the right people to take their solution forward, we also recognise that the best ideas can come from everywhere, not just inside, but also outside the bank and we need them to transform the bank.”

FinTech Bridge is a global platform supported by a connected network across Asia, Africa, Middle East and Europe through the bank’s footprint.

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