News from a few months ago is the agreement between Intesa Bank and The Floor, the new Fintech incubator in Tel-Aviv. The aim of the Israeli company is to become the reference hub for the financial technology market where, in addition to the selection and mentoring of startups by the bank partners, a R & D center, training programs for the sector, spaces co-working and meeting to encourage dialogue with financial and technological partners will operate.
Intesa San Paolo instead aims to carry out the exclusive scouting of Israeli Fintech companies and to carry out mentoring activities on the companies considered to be of interest.
A recent news: Intesa San Paolo – italian bank - has signed an agreement with Ourcrowd, world leader of Crowdfunding and venture capital platform. Thanks to this agreement, the Intesa Sanpaolo Innovation Center, a partner of The Floor, will provide its corporate and SME customers with access to the portfolio of hi-tech startups of Ourcrowd, in order to create synergies for the outlet on the market.
The result is twofold: on the one hand giving access to Intesa's client
companies to the best Israeli technologies identified and on the other hand
providing access to the network of Ourcrowd investors to startups. Not only
that, Intesa promises to invest directly in the most promising startups through
the venture capital fund Neva Finventures.