PRESS RELEASE: OURCROWD EXPANDS EQUITY CROWDFUNDING IN ASIA WITH MAS LICENSE
MATERIALS FOR RELEASE: PDF download here Photos and logos ZIP file download here UOB-OurCrowd Infographic OURCROWD EXPANDS EQUITY CROWDFUNDING IN ASIA WITH MAS LICENSE UOB trains more than 100 bankers on alternative financing as it deepens support for startups through OurCrowd partnership Singapore / New York / Jerusalem, 17 August 2016 – United Overseas Bank (UOB) is deepening its commitment to helping startups grow into sustainable businesses by training its commercial bankers to provide clients with the most up-to-date information on alternative funding channels beyond traditional financing. More than 100 of its bankers have been trained so far. The training is timely as the Bank’s strategic equity crowdfunding partner, OurCrowd, a leading global equity crowdfunding platform, was awarded a full Capital Market Services (CMS) license from the Monetary Authority of Singapore (MAS) at the end of July. With the license, OurCrowd is now able to market its equity crowdfunding platform in Singapore. In March this year, UOB announced it had made a US$10 million investment in OurCrowd, which invests in startups with differentiated and highly scalable technology products and services....
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