StanChart’s VC arm invests in fintech platform BetterTradeOff
The platform will use the investment to boost its digital wealth advisory capabilities.
Standard Chartered’s venture arm, SC Ventures, has invested in Singapore-based fintech SaaS platform BetterTradeOff (BTO).
SC Ventures did not disclose the funding amount it provided.
The StanChart VC arm aims to “support BTO’s geographical expansion plans in key markets in Asia and beyond while broadening its customer base to include the bank’s millions of clients worldwide.”
BTO has deployed their services in markets such as Malaysia, Hong Kong, the Philippines, UAE, Switzerland, and the Netherlands. The platform is gearing up to expand and localise offerings in the United States.
BTO will also use the investment to boost its digital wealth advisory capabilities.