No return to easy money for startups, StanChart Ventures head says
SINGAPORE -- Startups looking to raise money quickly to fuel their growth next year may find tough conditions persisting, even if the current "funding winter" eases toward the latter half of 2024, according to the head of Standard Chartered's financial technology investment arm.Alex Manson, chief of SC Ventures, the British bank's business unit that backs fintech innovations, told Nikkei Asia in an interview that while he expects financing conditions to ease in the second half of next year, there will be no return to the days of easy capital for startups.
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