HSBC Launches $1.5 Billion Innovation Banking Program in Singapore
AI Summary1 min read
TL;DR
HSBC has launched a $1.5 billion innovation banking program in Singapore to support startups and scale-ups with financing solutions like venture debt. Neil Falconer and Shaun Sakhrani will lead the initiative to help companies expand across markets.
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Hsbc HoldingsHSBCInnovation BankingSingaporeStartupsVenture Debt
HSBC Holdings PLC has launched a $1.5 billion innovation banking program in Singapore to support startups, scale-ups, and venture investors. The program will provide financing solutions for high-growth innovation companies to scale their businesses across multiple markets. HSBC has named Neil Falconer as the head of innovation banking in Singapore and Shaun Sakhrani as the head of credit solutions. The program will offer platform finance and venture debt for innovation banking clients.
