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 companies.