Author: OurCrowd

[PRESS RELEASE] UOB Partners with OurCrowd to Provide Equity Crowdfunding in Asia

Singapore/Jerusalem, March 3, 2016 –  United Overseas Bank Limited (UOB) today announced Asia’s first strategic partnership with a leading global equity crowdfunding platform, OurCrowd. It pairs the Bank’s strengths and depth of experience in serving entrepreneurs as well as small and medium-sized enterprises (SMEs) across the region with OurCrowd’s expertise in investing in some of the world’s most promising startups through equity crowdfunding. Read more...

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[CNBC] Singapore’s UOB and Israeli crowdfunding company team up

Singapore-based United Overseas Bank’s (UOB) head of Group Channels and Digitalisation, Janet Young, told CNBC the bank wants to help start-ups in the region by connecting their ideas with “smart money across the world.” UOB will invest $10 million in an Israel-based equity crowdfunding platform OurCrowd, where start-ups can seek investments from a large number of investors, and offer, in return, a stake in their...

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[Channel NewsAsia] UOB to invest nearly S$14m in tie-up with OurCrowd

United Overseas Bank (UOB) is investing US$10 million (S$13.93 million) in a partnership with global equity crowdfunding platform, OurCrowd. Through the collaboration, startups and small businesses in Asia can seek small investments from a large number of global investors in return for equity or shares in their company. The partnership aims to address the US$180 billion SME funding gap in South-east...

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Gateway to Asia: OurCrowd announces strategic partnership with UOB to bring equity crowdfunding to Singapore

The Startup Nation and Smart Nation just became that much closer. Earlier today, OurCrowd announced that it has closed a strategic partnership agreement with United Overseas Bank Limited (UOB), headquartered in Singapore. This collaboration is OurCrowd’s first official foray into Asia and represents a significant step towards developing the FinTech ecosystem in the region. OurCrowd, together with UOB and with the support and investment of the Sassoon Investment Corporation, an investment holding company with deep roots in Asia, is working to bring equity crowdfunding to Singapore and beyond – offering a new asset class to accredited investors in the region of Asia. The partnership pairs UOB’s strengths and depth of experience in serving entrepreneurs as well as small-and medium-sized enterprises (SMEs) across the region with OurCrowd’s expertise in investing in some of the world’s most promising startups via equity crowdfunding. This is an important announcement for OurCrowd but it’s equally important for our investors. Through this collaboration, OurCrowd’s global investor community will be able to invest in innovative Asian companies with differentiated and highly scalable products, who in turn will now get access to another source of funding through OurCrowd’s equity crowdfunding platform. This isn’t...

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