BankingInvestments

SC Ventures: Invests in OpenFin

  • OpenFin the operating system (OS) of finance announced that it secured a strategic investment from SC Ventures
  • SC Ventures, the innovation, fintech investment and ventures arm of the international banking group, Standard Chartered
  • The strategic investment by the Standard Chartered unit help OpenFin meet the growing demand for digital workspaces and app stores
  • The capital will accelerate new product development and brings OpenFin’s total funding to date to $50 million (USD)
  • The latest round of capital used to expand OpenFin’s product and engineering teams focused on building new user interface components of OpenFin OS
  • Standard Chartered joins a distinguished group of OpenFin investors, including Bain Capital Ventures, Barclays, DRW Venture Capital
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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