Fosun Announces Strategic Investment into Israeli FinTech Platform The Floor
(WorldNews Asia)

Fosun`s Partnership will Promote The Floor`s Unique Platform to Asia`s Financial Industry and Accelerate itsGlobal Business Expansion August 16, 2018 «Shanghai, China and Tel Aviv, Israel» Fosun and Fosun Hani Securities Limited (`Fosun Hani`) jointly announced a strategic investment of US$5 million into Israeli fintech company, The Floor. This marks Fosun`s second fintech investment in the State of Israel, and Fosun will join the Board of Directors of The Floor. The Floor is headquartered at the Tel Aviv Stock Exchange (TASE) and operates a branch in Hong Kong. As a global fintech platform working with six of the world`s largest financial institutions, The Floor is shaping the `Bank of The...