SC Ventures, the innovation and venture capital unit of Standard Chartered, has launched a new invoicing and billing platform called Labamu, built to enable small and medium-sized enterprises (SMEs) across the Asia Pacific (APAC) markets “to streamline operations, increase sales and access integrated financial services”.SC Ventures launches LabamuMaking its market debut in Indonesia this week, Labamu offers a suite of digital tools for billing, catalogue, stock and material management, as well as customer relationship management (CRM) and reporting.In addition to these features, the platform also integrates embedded banking, account management and other financial services, with SC Ventures indicating plans to expand into procurement and working capital finance options in the future.“Merchants using Labamu can get invoice and bill payments directly deposited to their bank accounts,” explains Labamu CEO Emmanuel Van De Geer.Alex Manson, CEO of SC Ventures, adds: “SMEs are still suffering from lack of access. During incubation we could already see Labamu’s potential — the platform earned the trust of over 80,000 small business owners.”
Mer. Gen 8th, 2025
