The fintech investment unit will be managed by Alex Manson, previously global head of transaction banking at Standard Chartered. Photo: BloombergLondon: Standard Chartered said on Wednesday it had established a business unit to invest in financial technology and promote innovation. Dubbed SC Ventures, it will include internal consultants to help the rest of the group solve problems with technology and a team to sponsor and oversee new disruptive technology ventures owned by StanChart. Another part of the new unit will focus on managing the bank’s minority investments in ‘fintech’ and seeking new ones to back. The unit will be managed by Alex Manson, previously global head of transaction banking at StanChart.

Source: Mint January 17, 2018 12:22 UTC