Clients of National Australia Bank’s private bank will get special access to venture capital raisings by global technology companies, with NAB and the Israeli equity crowdfunding platform OurCrowd announcing a collaboration deal on Sunday.
NAB joins United Overseas Bank of Singapore and Shanghai Commercial and Savings Bank of Taiwan in assisting OurCrowd to distribute deals while also getting access to start-ups funded through the platform, one of the world’s largest crowdfunding groups that has raised over $600 million for more than 120 early-stage companies.
The deal was announced during an Australia-Israel Chamber of Commerce’s women leaders delegation in Israel, that was attended by NAB Private executive general manager Christine Yates.
Read the full article by James Eyers at the Australian Financial Review.