Bangkok Bank taps OurCrowd resources for equity crowdfunding

Corporate May 09, 2018 14:13

By The Nation

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Israel-based equity crowdfunding firm OurCrowd on Wednesday announced its expansion in Asia in partnership with Bangkok Bank (BBL).



OurCrowd will give BBL clients deeper exposure to Israeli and global technologies.

Chief executive Jon Medved said Thailand is the second-largest economy in Southeast Asia and the partnership gives both BBL and OurCrowd an opportunity to expand in the region’s rapidly growing ecosystem.

BBL customers will have direct access to the portfolio of one of the world’s largest equity crowdfunding platforms, which has raised US$700 million among 25,000 investors in 150 countries for 150 early-stage companies.

OurCrowd entered the Asian market in 2015 as a provider of global alternative-business development and investment opportunities. Its other partners 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.