Singapore, October 29, 2025 — HSBC today announced the launch of Innovation Banking in Singapore, a dedicated proposition to further deepen its support to the innovation and venture ecosystem in Singapore and across the region.
As part of the launch, HSBC will allocate US$1.5 billion as a dedicated pool to provide high-growth innovation companies with financing solutions to scale their business.
Launched at the Singapore Week of Innovation and Technology (SWITCH), HSBC Innovation Banking will offer Singapore-based venture-backed businesses and the investors that support them access to sector expertise, specialised products, tailored financial solutions and opportunities through HSBC’s global network.
HSBC Innovation Banking is a global proposition with presence across key innovation hubs including Singapore, India, the US, UK, Australia, New Zealand, Israel, Continental Europe, Hong Kong and mainland China.
HSBC said Singapore is a major innovation hub, supported by a strong start-up ecosystem and global connectivity across trade, finance and digital infrastructure.
Neil Falconer has been appointed Head of Innovation Banking in Singapore and will lead a dedicated team to support clients and drive new business.
The bank has also established a Credit Solutions team in Singapore to provide financing structures such as venture debt and platform lending for innovation banking clients.
HSBC has been supporting new economy businesses in Singapore since 2021 and continues to see growth in this segment.
Source: HSBC