It targets disruptive technologies that have the potential to impact ING’s business and ensure customers and clients get access to best-in-class services.
Based in Amsterdam but shadowing ING’s geographic footprint of 41 countries, ING Ventures is a €350 million fund that not only drives innovation within ING, but also helps entrepreneurs with hands-on support, know-how, scaling expertise and access to our distribution network.
- Who/what: €350m fund to support the acceleration of ING’s innovation strategy
- Strategy: Hands-on investor targeting growth stage (Series A/B) ventures
- Focus: Global mandate concentrating on fintech and adjacent markets
- Initial ticket size: €250k – €10m with capacity to support in follow-on rounds
How we add value
- Growth: Access to a broad international distribution network of around 40m clients across 41 countries
- Expertise: In-depth product expertise and market know-how to help entrepreneurs scale their business
- Support: Hands-on support with operational challenges, business operations and corporate governance