Financial services giant ING, #13 on the Fortune 500, has launched a €300m fund aimed at investing in fintech companies. The fund will build on the company's 115 current strategic partnerships and investments.
The arm will be part of ING’s Chief Innovation Office and will be entirely funded internally by ING. The fund will focus on startups and companies that already gained some market traction active in countries where ING has a presence or where ING has the intention to expand into.
http://www.finsmes.com/2017/10/ing-launches-e300m-fintech-venture-capital-fund.html