Fosun invests in fintech incubator The Floor

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Fosun International and Fosun Hani Securities Limited made a strategic investment of $5 million in Israel-based startup The floor.

Founded in 2016 as a fintech hub promising to support local startups disrupting the financial services industry, The Floor looks to utilize the funding to bring its technologies to Asia, particularly China.

Avi Cohen, CEO, The Floor, says: “The Floor is shaping future technologies across fintech verticals and we believe that Fosun will lead us to the fast track to becoming a market leader.”

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