The Floor News
11 articles
To Boost its Fintech Industry, Spain Launches Tel Aviv-Hong Kong Immersion Program
The Spanish government has partnered with Tel Aviv-headquartered fintech innovation center The Floor to establish a program intended to help Spanish tech companies familiarize themselves with the local banking and finance industries in Tel Aviv and Hong Kong. The program, called Desafia Tel Aviv, will offer participating Spanish executives two weeks in Tel Aviv and one week in Hong Kong to participate in workshops and lectures, and mingle with local industry key figures.
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Fosun invests $5m in Israeli fintech platform The Floor
Fosun has made a strategic investment of $5 million in Israeli fintech company The Floor. The Floor is a global fintech platform that works with major financial institutions to leverage Israeli technologies in areas such as fintech, blockchain, and cyber. The company aims to bring Israeli technologies to Asia and has recently established a branch in Hong Kong. The strategic investment from Fosun will help The Floor expand its business scale and promote its platform. Fosun, a multinational company rooted in China, aims to create global ecosystems through technology and innovation. The investment will allow Fosun to introduce advanced technology and industries to its platform.
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Fosun Announces Strategic Investment into Israeli FinTech Platform The Floor
Fosun has made a strategic investment of $5 million into Israeli fintech company, The Floor. This investment marks Fosuns second fintech investment in Israel and will promote The Floors platform to Asias financial industry. The Floor is a global fintech platform working with six of the worlds largest financial institutions and is focused on bringing Israeli technologies to Asia. Fosuns investment will help accelerate The Floors global business expansion, especially in China. Fosun will also join the Board of Directors of The Floor. The partnership between Fosun and The Floor will enable Fosun to introduce advanced technology and industries to its platform and provide high-quality services and products for its customers worldwide.
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Fintech startups: A comparison of Israel and Hong Kong EJINSIGHT - ejinsight.com
The Floor Publishes Report Called "Banking Innovation Strikes Back" Finance Magnates
The Floor, a fintech centre based in Tel Aviv, has published a report on banking innovation. The report covers the history of innovation in banking from the Middle Ages to the present day, focusing on the resurgence of innovation in the industry since the 2008 financial crisis. The report highlights the role of banks in driving advances in trade finance, payments, credit and more. It also notes the significant impact of banking innovation on the global economy. The report was authored by Moises Cohen, co-founder and Director of The Floor.
http://www.world.intesasanpaolo.com/israeli-fintech-powers-innovation/
Santander Innoventures Invests in Promising British Startup Pixoneye via The Floor Finance Magnates
Santander has invested in Pixoneye, an Israeli technology startup that offers predictive personalization through image understanding. The investment was made by Santander Innoventures, the corporate venture fund of Santander Group. The investment strengthens Santanders position in financial services innovation and deepens its focus on artificial intelligence. Pixoneye analyzes the photo/video content of peoples mobile photo galleries to predict future actions and behavioral patterns for marketers. The investment is seen as a stamp of approval for Pixoneye and will give the company an advantage in its next round of funding.
Investment
TASE, Intel team for Int'l Blockchain Hackathon
The Floor, along with Intel, the Tel Aviv Stock Exchange, and other partners, is hosting the International Blockchain Hackathon in Israel. The event aims to drive new applications and showcase technological capabilities in the blockchain industry. Israel has positioned itself as a hotspot for blockchain innovation, with numerous entrepreneurs and startups developing blockchain applications. The hackathon provides an opportunity for developers, entrepreneurs, and companies to implement technological knowledge for the banking industry and position Israel as a leader in the field. The event will take place on March 29-30, 2017.
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New Fintech Hub At Tel Aviv Stock Exchange
The Floor, a Fintech hub, is set to open in the Israeli stock exchange building in Tel Aviv. The hub will include a collaborative workspace, private offices, and an acceleration plan for Fintech entrepreneurs. The Floor has signed a five-year lease with the Israeli stock exchange building and is expected to host over 25 Fintech companies. The founders of The Floor include major banks like RBS, Banco Santander, HSBC Intesa Sanpaolo, and the Pando Group, which plans to invest up to $250 million in Israeli initiatives.
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The Floor Raises $2M in Funding - FinSMEs
The Floor, a fintech hub in Tel Aviv, Israel, has raised $2 million in funding from Chinese venture capital firm Pando Group. The hub aims to connect startups, entrepreneurs, venture capital firms, and banks to develop and implement financial technology solutions in various areas. The Floor is also launching a dedicated accelerator program called the Fintech Next Programme. The hub is supported by Banco Santander, HSBC, Intesa Sanpaolo, and RBS.
Investment
The Floor promises to connect Israeli fintech with China, Hong Kong and the rest of Asia e27