ING starts partnership with Scalable
14 September 2017 - 8:00PM
ING announced today that it will start a
partnership with online wealth manager Scalable Capital, one of the
leading fintechs in the European robo-advice market. Together, ING
and Scalable will offer a fully digital investment solution to
ING's retail customers in Germany. The partnership fits ING's
strategic priority to create a differentiating customer experience
that is personal, seamless and relevant.
"Scalable Capital's online wealth management
enables us to offer our customers a highly attractive and
comfortable way of investing. This move is in line with our
strategy to deliver the best and most cost-effective financial
services to our customers through advanced digitisation", says Nick
Jue, CEO of ING in Germany.
Customers of ING in Germany will be able to
register in less than 15 minutes through an entirely paperless
process. With a minimum investment of EUR 10,000 they can monitor
their portfolios and all account details, such as performance and
fees, on both Scalable Capital and ING mobile apps and online
portals in Germany.
ING's Global Head of Fintech, Benoit Legrand
comments: "Solutions like Scalable Capital has developed, are
exactly what customers are waiting for, offering a seamless and
effective experience. As with all 100 fintech partnerships we
currently have, we aim to ensure that the solution empowers our
customers to stay a step ahead in managing their finances. This is
precisely what we are doing together with Scalable Capital. The
partnership will be launched in Germany. After a successful launch,
we will look into expanding the offering."
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ING PROFILE
ING is a global financial institution with a strong European base,
offering banking services through its operating company ING Bank.
The purpose of ING Bank is empowering people to stay a step ahead
in life and in business. ING Bank's more than 51,000 employees
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