SC Ventures Introduces Invoicing and Billing Fintech for SMEs in APAC Region 

SC Ventures, the fintech investment and incubation division of Standard Chartered, has reportedly launched Labamu, which is described as an invoicing and billing platform for SMEs that are based in the APAC region. Starting in Indonesia, Labamu will reportedly provide SMEs with digital billing, catalogue, stock and material management, along with customer relationship management and reporting services. Financial services support comes in the form of embedded banking accounts, with plans to add procurement as well