HSBC Innovation Banking
Alphabeta, 14-18 Finsbury Square, London, England, EC2A 1BR, United Kingdom
Overview
HSBC Innovation Banking provides financial services which also offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors.
- Total investments
- 24
- Lead investments
- 16
- Investments · 12mo
- 10
- Active investors
- 11
Sector focus
- Banking
- Finance
- Financial Services
Investment portfolio
- Keepit
Led · Debt Financing · Jul 2026
Keepit provides a SaaS-focused data protection platform that stores immutable, vendor-independent backups to ensure compliance, cyber resilience, and business continuity. The company emphasizes separate, immutable storage with no third-party sub-processors and positions its backups as a trusted point-in-time data source. Keepit has more than 25,000 customer organizations and reports accelerated commercial growth over the past twelve months, including expansion into regulated enterprise segments. Management plans to launch a range of AI-powered services for data governance, search, and extraction of value from protected data. Financially, Keepit recently upsized and refinanced credit facilities to $90 million USD, following a $50 million equity raise in December 2024 and a $60 million upsizing in September 2025. The company intends to use the new financing to fund product innovation, build its AI service portfolio, and scale go-to-market efforts.
- HICX
Led · Equity · Jun 2026
HICX provides a supplier data foundation that centralizes supplier onboarding, supplier information, risk and performance management for large organizations. The company supports deployments in more than 120 countries and was founded in 2004. Following the £15M growth funding and refinancing package, HICX plans to invest in its platform and customer roadmap, expand commercial capability and pursue selective acquisitions. The financing was provided by HSBC Innovation Banking with participation from existing investor Wavecrest Growth Partners. Management characterized the funding as a validation of HICX’s role as a governed supplier data foundation amid rising AI automation and regulatory demands.
- Baskit
Participated · Debt Financing · Apr 2026
Baskit operates a distribution-focused supply chain business that it has built and tested in Indonesia over the last three years. The company raised US$4.4 million in the first tranche of its Series A led by Cento Ventures with participation from Kaya Founders, Analog Ventures, and Orvel Ventures. Baskit intends to scale its distribution model beyond Indonesia into other countries. The articles do not disclose revenue, user counts, or prior funding details. The company positions its tested model as suited to complex Southeast Asian markets as it pursues regional expansion.
- Origin
Participated · Series A · Mar 2026
Origin builds an AI-native platform called Enterprise Benefits Intelligence and an AI engine, Cuido, that ingests and structures fragmented benefits data from policies, contracts, renewals, broker reports and vendor platforms into a single system of record. The platform maps coverage and cost structures across countries, flags duplicated coverage and pricing inconsistencies, and manages renewals, vendor relationships and governance workflows across markets. Origin developed its product in partnership with large employers including Pfizer, Comcast and BP and says clients have achieved measurable outcomes, for example consolidating 13 local insurance policies into a regional plan and realizing a 20% cost saving. The company plans to use new funding to deepen HCM integrations and expand partner platform capabilities for brokers, consultants, insurers and retirement providers. Origin was founded by the leadership team behind Darwin and is based in London, and has raised over $50 million in total funding following the $30 million Series A+.
- Greater Good Health
Participated · Debt Financing · Mar 2026
Greater Good Health partners with health plans, hospital systems, and provider groups to offer nurse practitioner–led primary care clinics and embedded clinical programs that lower total cost of care while improving quality and access. The company currently serves more than 200,000 patients through its clinics and integrated services platform, achieving 4-plus STAR quality scores, over 200 % growth in preventive-care engagement, reduced unnecessary acute admissions, and a Net Promoter Score above 90. Its first three clinics launched in Montana with Humana, and a fourth clinic opened in Idaho with Blue Cross of Idaho, highlighting the model’s scalability in underserved, aging markets. Based in El Segundo, California, Greater Good Health focuses on Medicare adults and addresses the national shortage of primary care physicians by elevating nurse practitioners to lead care teams. The organization functions as an extension of risk-bearing entities, supplying the infrastructure and staffing needed for longitudinal, value-based care management. With fresh capital, the company plans to deepen payer partnerships, strengthen its technology-enabled care platform, and expand into additional geographies.