UOB takes OurCrowd partnership to next level with staff training

SINGAPORE (Aug 17): United Overseas Bank (UOB) says it is “deepening its commitment to helping startups grow” by training its commercial bankers to provide clients with information on alternative funding channels.

“In the last six months, we have trained more than 100 commercial bankers to identify and to understand the type of financing for which startups can qualify,” says Janet Young, UOB’s head of group channels and digitalisation in a Wednesday statement.

UOB calls the training a “timely” move as its strategic equity crowdfunding platform, OurCrowd, was recently awarded a full Capital Market Services (CMS) licence from the Monetary Authority of Singapore (MAS) in end-July. The licence allows UOB to market OurCrowd in Singapore.

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