Digital Asset Solutions in the Middle East Headlined by SC Ventures
SC Ventures Expands its Reach in the MEASA Region
SC Ventures, the venture-building and innovation arm of Standard Chartered Bank, has been making significant strides in the Middle East, Africa, and South Asia (MEASA) region. In just 18 months, the firm has scaled from two to seven ventures, demonstrating its commitment to fintech innovation[1].
The MEASA region offers a wealth of opportunities, with more capital, stronger regulatory support, and exceptional talent emerging locally[2]. Recognizing this potential, SC Ventures has signed over eight major partnerships with regional banks, family offices, and ecosystem players, enabling it to scale faster and deliver more tailored, impactful solutions[1].
SC Ventures is not just an investor but an active participant in the fintech ecosystem. It approaches venture creation and investing with a focus on solving real-world problems, and this approach is evident in its four key themes: online economies and lifestyle, SMEs and trade, digital assets, and financial inclusion[1].
In the realm of digital assets, SC Ventures launched its Digital Asset Fund in the UAE, reflecting its commitment to exploring and investing in cutting-edge fintech innovations[1]. The firm also announced a strategic partnership with DIFC, making it their official venture-building partner, further strengthening its position in the local fintech ecosystem[1].
SC Ventures operates independently with a dedicated team and an entrepreneurial mindset. This independence allows it to respond quickly to market needs and adapt its strategies accordingly[3]. The firm is open to innovation from any source, whether the ideas come from internal teams or external collaborators, ensuring a continuous flow of fresh ideas[1].
The collaborative approach of SC Ventures has led to the creation of over 150 jobs in the region, underscoring its commitment to fostering growth and development in the MEASA region[1]. As SC Ventures continues to grow and evolve, it remains steadfast in its mission to go beyond traditional banking and create impactful solutions for the region's emerging needs[3].
[1] SC Ventures Press Release, [URL] [2] MEASA Region Overview, [URL] [3] SC Ventures Website, [URL]
- SC Ventures, committed to fintech innovation, has extended its presence in the MEASA region, exploring opportunities with digital assets through its Digital Asset Fund.
- The expansion has strengthened SC Ventures' position in the local fintech ecosystem, as they partnered with DIFC, becoming the official venture-building partner.
- The firm's collaborative approach, with a focus on solving real-world problems, has resulted in the creation of over 150 jobs in the region.
- SC Ventures approaches venture creation and investing with an entrepreneurial mindset, responding quickly to market needs and adapting strategies as necessary.
- Beyond fintech, SC Ventures' ventures encompass various aspects of modern life, including online economies and lifestyle, SMEs and trade, digital assets, and financial inclusion.
