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SC Ventures Launches Labamu to Aid APAC SMEs with Billing, Financial Tools

  • SC Ventures, Standard Chartered’s fintech investment arm, has launched Labamu, an invoicing and billing platform for APAC small and medium enterprises (SMEs).
  • Labamu aims to improve operations, increase sales, and provide access to financial services. The platform is initially rolling out in Indonesia.
  • Labamu offers omnichannel sales support, including tools for digital and physical marketplaces, as well as catalogues, stock management, and reporting.
  • The platform also provides integrated financial services such as embedded banking, procurement, and working capital financing.

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