OurCrowd, the Jerusalem-based global equity crowdfunding platform, said Thursday it has signed a strategic partnership agreement with the Taiwan-based Shanghai Commercial & Savings Bank (SCSB) in an effort to expand the venture fund’s Asian reach.
The partnership will open the door for Chinese customers of the bank to invest in OurCrowd’s portfolio companies, enable OurCrowd to access and invest in Chinese technologies, and also help foster commercial and strategic partnerships between Israeli startups and Chinese companies, Jon Medved, OurCrowd’s CEO, said in an interview.
Read more on The Times of Israel here.