OurCrowd and Bangkok Bank Announce Strategic Allianceby Company Announcement May 9, 2018
OurCrowd, an Israel based global equity crowdfunding, announced its further expansion in Asia, with an innovative partnership with Bangkok Bank Public Company Limited.
OurCrowd and BBL have already launched their cooperation in support of Thailand’s tech ecosystem which will create key relationships for Thailand’s major corporations seeking next-generation technology.
The collaboration empowers OurCrowd to deliver deeper exposure for BBL’s SME and major corporate clients to Israeli and global technologies.
“Thailand is the second largest economy in the ASEAN region and we are excited to partner with one of the country’s top financial institutions, Bangkok Bank,”
said OurCrowd’s CEO Jon Medved.
“This is a great opportunity for Bangkok Bank and OurCrowd to expand the rapidly growing and vibrant innovation ecosystem in Thailand and beyond.”
As a strategic partner, Bangkok Bank will have the ability to provide direct access into OurCrowd’s portfolio on behalf of its corporate and SME clients.
The collaboration additionally targets opportunities for the Bangkok Bank network to actively access one of the world’s largest equity crowdfunding platforms, which has raised over USD 700 million from over 25,000 investors across 150 countries for over 150 early stage companies.
OurCrowd entered the Asian market in 2015. Other current partnerships in the region include United Overseas Bank in Singapore, Shanghai Commercial Savings Bank in Taiwan, Citic Pacific in Hong Kong, Reliance Private Client in India, and National Australia Bank.
Featured image via Pixabay