• Latest
  • All
  • How To
Stanchart

Standard Chartered Bank Opens Africa-First Innovation Hub in Kenya

April 8, 2019
Apple-Glasses

Apple to Reportedly Launch Smart Glasses by 2026 to Rival Meta, Google

May 23, 2025
OpenAI

OpenAI Looks To Get Into Hardware Market After Acquiring Startup For $6.5B

May 23, 2025
Infinix GT 30 Pro

Infinix Unveils the GT 30 Pro with 120 FPS Certification for PUBG

May 22, 2025
Microsoft Recall

Signal Blocks Microsoft Recall Feature to Protect Private Chats

May 22, 2025
DHgate Tablet Cases deals
Infinix XPad GT

The Infinix XPad GT Gaming Tablet Makes Its Debut at $400

May 22, 2025
Passport Application

How to Apply for a Kenyan Passport Online in 2025: A Complete Guide

May 22, 2025
google-chrome

Google Chrome Will Start Automatically Replacing Your Weak Passwords

May 22, 2025
telegram

Telegram Posts $540m Profit Despite Founder’s Legal Hurdles

May 22, 2025
ID Checks May Soon Be Required for Social Media in Kenya

ID Checks May Soon Be Required for Social Media in Kenya

May 21, 2025
Safaricom launches revamped business loans

Safaricom Unveils Business Credit via M-PESA and Pochi Wallets

May 21, 2025
huwaei-matebook-x-fold

Huawei Debuts Foldable Laptop Running on HarmonyOS 5

May 21, 2025
google-meet

Google Meet Brings Real-Time Language Translation with Gemini

May 21, 2025
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
No Result
View All Result

Standard Chartered Bank Opens Africa-First Innovation Hub in Kenya

Kenn Abuya by Kenn Abuya
April 8, 2019
in News
Reading Time: 2 mins read
264
0
Stanchart

From left, Standard Chartered Bank Kenya CEO Ngari Kariuki, Head SC Ventures

 

StanchartLender Standard Chartered has today opened an innovation hub in Kenya that will offer a platform for financial startups and businesses to collaborate with the bank. The hub, which is one of Stanchart’s Africa eXellerator will seek to drive innovation and develop new business models for local fintechs and those outside the country. It should be noted the hub is Africa’s first and complements those in San Francisco, Singapore, London, and Hong Kong.

The hub is located at the bank’s head office in Nairobi. It is powered by an in-house system known as SC Ventures.

The financial institution has been involved in a variety of activities in continental Africa, including the launch of a digital retail bank in West Africa’s Ivory Coast that was also replicated locally. The solution, which allows users to perform a variety of bank-related action without stepping into a banking hall has also been launched in Uganda and Tanzania.

“We are a connector bank – connecting clients, markets and products with networks and facilitating trade and investment across our global footprint across some of the fastest growing markets. We are establishing an innovation centre in Kenya – the Africa eXellerator lab, to develop better products and services for our clients. For example, we will focus on developing solutions in artificial intelligence, cyber security and ‘Banking Made Easy’, to ensure we provide the best possible services to our clients of today, and tomorrow,” said Standard Chartered Kenya’s Chief Executive Officer, Kariuki Ngari.

According to SC Ventures’ Africa Region Lead, Kennedy Mubita, the hub will, at the start of its operations, target to generate value by ‘emulating intrapreneurial, human-centred and technology skills across the Bank’s franchise in Africa.’ It will also take advantage of a vibrant fintech ecosystem in Kenya and its wide client reach.

“Banking is all about serving clients in the way they want to be served. We are rewiring the DNA in banking both in and outside the Bank, including an extended team of partners as good ideas and great execution come from everywhere. Our eXellerators provide the tools and environment to develop, experiment and validate new ideas and business models emerging from both our own intrapreneurs and our partners,” added Global Head, SC Ventures, Alex Manson.

A week ago, Cisco launched a nearly similar hub at the University of Nairobi that targets to combine business knowledge and allow Small Medium and Micro Enterprises (SMMEs) access the ICT-related markets in a timely fashion

SendShare147Tweet92
Kenn Abuya

Kenn Abuya

Kenn Abuya is a friend of technology, with bias in enterprise and mobile tech. Share your thoughts, tips and hate mail at [email protected]

Related Posts

Apple-Glasses

Apple to Reportedly Launch Smart Glasses by 2026 to Rival Meta, Google

May 23, 2025
OpenAI

OpenAI Looks To Get Into Hardware Market After Acquiring Startup For $6.5B

May 23, 2025
Infinix GT 30 Pro

Infinix Unveils the GT 30 Pro with 120 FPS Certification for PUBG

May 22, 2025
Microsoft Recall

Signal Blocks Microsoft Recall Feature to Protect Private Chats

May 22, 2025
Infinix XPad GT

The Infinix XPad GT Gaming Tablet Makes Its Debut at $400

May 22, 2025
Passport Application

How to Apply for a Kenyan Passport Online in 2025: A Complete Guide

May 22, 2025

Latest

Apple-Glasses

Apple to Reportedly Launch Smart Glasses by 2026 to Rival Meta, Google

May 23, 2025
OpenAI

OpenAI Looks To Get Into Hardware Market After Acquiring Startup For $6.5B

May 23, 2025
Infinix GT 30 Pro

Infinix Unveils the GT 30 Pro with 120 FPS Certification for PUBG

May 22, 2025
Microsoft Recall

Signal Blocks Microsoft Recall Feature to Protect Private Chats

May 22, 2025
Infinix XPad GT

The Infinix XPad GT Gaming Tablet Makes Its Debut at $400

May 22, 2025
Passport Application

How to Apply for a Kenyan Passport Online in 2025: A Complete Guide

May 22, 2025

Best devices

budget smartwatches 2025

Best Budget Smartwatches To Buy in Kenya 2025

February 13, 2025

Best Infinix Smartphones To Buy in Kenya 2024

February 13, 2025

Best Laptops for Battery Life in 2024

August 21, 2024

Best “Battery Warrior” Smartphones To Buy in 2024

August 22, 2024

Apple to Reportedly Launch Smart Glasses by 2026 to Rival Meta, Google

May 23, 2025

OpenAI Looks To Get Into Hardware Market After Acquiring Startup For $6.5B

May 23, 2025

Techweez is a fast growing influential source of technology news, reviews and analysis by leading tech geeks in the industry.

Follow Us

Editorials

Samsung QLED TVs Now Officially Certified for Real Quantum Dot Technology

Trump’s Tariffs Will Be the End of Affordable Tech

5 Ways to Prep Your Tech for Resale

The Weaponization of PDFs: How Cybercriminals Are Exploiting a Trusted Format

Introducing A Brainbox Quiz: Techweez’s Monthly Trivia Night!

5 Most Reliable Virtual Dollar Card Providers in Nigeria

More News

Google Chrome Will Start Automatically Replacing Your Weak Passwords

Telegram Posts $540m Profit Despite Founder’s Legal Hurdles

ID Checks May Soon Be Required for Social Media in Kenya

Safaricom Unveils Business Credit via M-PESA and Pochi Wallets

Huawei Debuts Foldable Laptop Running on HarmonyOS 5

Google Meet Brings Real-Time Language Translation with Gemini

  • Terms Of Use
  • Techweez Brand
  • Privacy & Policy
  • Contact Us

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!

Hey there! Just a heads-up: we're big fans of cookies - both the digital and edible kind! 🍪 We use our cookies and some from third parties to ensure your browsing experience on our site is smooth sailing and secure.

 

But wait, there's more! We also use cookies to gather stats and insights on how you navigate our site. It's like getting a behind-the-scenes peek at your digital adventures!

 

Don't worry, you're in control. You can adjust your cookie settings anytime to suit your preferences. Feeling curious? Dive into our Privacy Policy for all the juicy details. Happy browsing! 🚀

Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
No Result
View All Result
  • News
  • Reviews
  • Features
  • Editorial
  • Automotive
  • Entertainment

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.