Standard Chartered launches fintech bridge

Standard Chartered announced that its venture unit, SC Ventures, has created a market-first platform, called SC Ventures Fintech Bridge, to connect community builders such as start-ups, investors and accelerators to the bank. Through the platform, parties can propose solutions to the challenges posted by the bank's business units and request for investments. Funding is also guaranteed for proof of concepts (PoCs) by a business sponsor that aims to test the solution. Investors can also use the portal to recommend startups for future collaboration.  This is said to expedite the initial ...