Standard Bank
Startup Venture Co-Building Partnership
Johannesburg, South Africa
About Standard Bank
Standard Bank Group is a South Africa-headquartered financial services group offering banking, insurance and investment services across Africa.
How Standard Bank works with startups
Standard Bank works with startups through a two-stage model: concept development happens via an external incubation partner, after which Standard Bank itself co-builds and scales selected ventures, contributing capital, its pan-African branch network, customer distribution and regulatory expertise. In one documented case the bank made a direct minority equity investment into a tech-enabled logistics startup, then worked with it to deploy and test its solution using the bank's own operational footprint.
Source: www.standardbank.co.za
Areas of interest
- Fintech
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