2015: Year we expect to see many more partnerships between established players and start-ups to accelerate expansion/growth
By ANNA IRRERA and ORR HIRSCHAUGE Chinese financial powerhouse Ping An and Russia’s largest lender Sberbank are in advanced discussions to back Israeli online trading company eToro, according to people familiar with the matter, as Chinese interest in Israel’s technology sector heats up. The company is expected to raise about $15 million from Ping An Insurance Group, Sberbank’s financial technology fund SBT Venture Capital and existing investors, the people said. The...
http://online.wsj.com/articles/chinese-russian-lenders-to-back-israels-etoro-1416476018