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    Standard Bank

    Johannesburg, South AfricaFounded 1862
    www.standardbank.com/sbg/standard-bank-groupLinkedIn
    Fintech

    Standard Bank Group is Africa's largest bank by assets, offering commercial, corporate, investment, and private banking alongside insurance and wealth management. Through its Corporate & Investment Banking division and private equity arm, it also makes equity investments and provides venture capital and growth funding across Africa.

    38% of their portfolio is in Fintech. Average disclosed round size is $511.5M (across 7 rounds with reported amounts).

    Find people at Standard Bank on Goldilocks AI

    Portfolio

    7

    Fund Size

    —

    Top Stage

    Unknown

    Last 12 Mo

    0

    Team

    Arno Daehnke

    Arno Daehnke

    Chief Finance and Value Management Officer, Executive Director, SBG and SBSA

    Ben Kruger

    Ben Kruger

    Independent Non-Executive Director, SBG and SBSA

    David Hodnett

    David Hodnett

    Chief Executive and Executive Director, SBSA

    Heather Berrange

    Heather Berrange

    Independent Non-Executive Director, SBG and SBSA

    Li Li

    Li Li

    Non-Executive Director, SBG and SBSA

    Paul Cook

    Paul Cook

    Independent Non-Executive Director, SBG and SBSA

    RO

    Rose Ogega

    Independent Non-Executive Director, SBG and SBSA

    Sim Tshabalala

    Sim Tshabalala

    Chief Executive Officer, SBG and Executive Director, SBSA

    Sola David-Borha

    Sola David-Borha

    Independent Non-Executive Director, SBG and SBSA

    Trix Kennealy

    Trix Kennealy

    Independent Non-Executive Director, SBG and SBSA

    Luvuyo Masinda

    Luvuyo Masinda

    Chief Executive Officer, Corporate and Investment Banking

    Adam Ikdal

    Adam Ikdal

    Chief Strategy Officer

    Portfolio Breakdown

    Stage Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    8 investments
    CompanyRoundAmountDate
    IIndorama Eleme Fertilizer and Chemicals LimitedUnknown$1.3BMar 2024
    KUDIGO logoKUDIGOSeed$450KApr 2019
    Nomanini logoNomaniniUnknown$1.5MJan 2019
    IIndorama Eleme Fertilizer and Chemicals LimitedUnknown$1BJan 2018
    MM-Kopa Uganda LimitedGrowth$75M—
    M-KOPA logoM-KOPAUnknown——
    IINDORAMA ELEME FERTILIZER ANDUnknown$1.3B—
    WWAY2VATSeries A$3.5M—

    Top Co-Investors

    British International Investment4 shared
    International Finance Corporation4 shared
    Citibank3 shared
    FMO3 shared
    Generation Investment Management LLP2 shared
    Sumitomo Mitsui Banking Corporation2 shared
    Lightrock1 shared
    Latitude1 shared
    Blue Haven Initiative1 shared
    Broadscale Group1 shared
    Standard Chartered1 shared
    European Investment Bank1 shared
    Proparco1 shared
    DEG1 shared
    Goodwell Investments1 shared
    4Di Capital1 shared
    54 Collective1 shared
    Google for Startups Black Founders Fund1 shared
    Moneta1 shared
    Poalim Equity1 shared

    Last updated: 20 October 2026