New Digital Service Helps Banks Assist Their Customers To Grow And Expand Globally

NEW YORK, April 9, 2015 /PRNewswire/ -- Many mid-size businesses and private investors lack the tools and network of contacts needed to grow, invest, and compete in a global market, and this reduces lending and relationship development opportunities for the commercial banks and wealth managers that serve them. A new partnership announced today between Intesa Sanpaolo, one of the largest banking groups in Europe, and Opportunity Network, ­an online platform, points the way for banks to provide customers access to a wide array of global partnerships and business development opportunities.

Financial terms of the private agreement were not disclosed, but Intesa Sanpaolo has agreed to a multi-year arrangement under which its top clients will join Opportunity Network.

Through its secure online platform, Opportunity Network enables CEOs and senior executives of companies all over the world to anonymously share and search for business ventures, investment, and partnership opportunities. Opportunity Network ensures the trustworthiness of its members by accepting companies exclusively through its network of Trusted Partners – highly reputable financial institutions and service providers that offer membership as a perk for their best clients.

As part of its expansion strategy, NYC-based Opportunity Network has opened discussions with a number of U.S. banks to provide their customers access to the network to expand to new markets, attract beneficiaries, sell privately-held enterprises, execute cross-border mergers and acquisitions, and maximize asset utilization at a global level.

"In order to maximize their performance in the evolving global economic system, companies must gain a deep awareness of trends, opportunities, and potential partners," said Brian Pallas, CEO and Founder of Opportunity Network. "This partnership between Opportunity Network and Intesa Sanpaolo addresses the crucial information gap that often prevents companies from flourishing abroad. Our objective is to partner with commercial banks in the U.S. and worldwide to facilitate the connection between their private business customers and potential partners across a wide range of industries, and to do so in the safest, fastest, and most direct way possible."

Opportunity Network (www.opportunitynetwork.com) is the leading digital platform for companies looking to create trustworthy business partnerships across a wide range of industries worldwide in a safe, anonymous manner.

SOURCE Opportunity Network

Related Links

https://www.opportunitynetwork.com