ING currently partners with more than 100 fintechs worldwide that help us reach our goal and empower people to stay a step ahead in life and in business. “Banks and fintechs together can do a lot and you already see great products and services as a result,” explains Colette Dierick, CEO ING Luxembourg. “We think collaboration between banks and fintechs works well. Fintechs come with expert knowhow on customer experience, agility and technology; we provide what they don’t have: a large customer base, scalability and a trusted brand.”

Stephanie Van Avesaat, Head of FinTech Village: "This third edition of the ING FinTech Village once again shows the commitment of ING to innovation. ING has played a pioneering role in fostering collaboration with fintechs, given that the ING FinTech Village was the first Belgian accelerator programme focused on financial technology. Now that ING FinTech Village is on its third edition, we are proud to be able to say that we have continued the collaboration with a number of fintechs from the two previous editions, and that the solutions they developed are currently being rolled out within the bank.”

The six selected start-ups are:

• Snapswap : Luxembourg - Snapswap offers a fully digital way to on-board customers, collecting all necessary KYC data and aiming for a legally binding electronic signature (also non-residents).
• Accountable : Belgium - Accountable is a mobile app to support independents in their financial administration, including Accounting as a Service. The app offers cash forecasting, invoice management and (soon) real-time tax optimization recommendations.
• Asteria : Sweden - Asteria provides SME customers with an easy way to understand & optimize business cash flow & FX risk management.
• Koopol : Belgium - Koopol gathers and enriches e-commerce data for the merchant from various sources in order to bring predictive data, actionable insights and optimize the channel strategy of the merchant.
• REGnosys : United Kingdom - Programmatic Compliance and Open Sourcing to support and demonstrate real time compliance against trading EU regulations (MiFID II).
• Rockestate : Belgium - Rockestate unlocks new insights through leveraging open geo data and statistics. Focus area: improving our credit risk management for mortgages.

The partners of ING FinTech Village – core partners Deloitte, SWIFT, Innotribe & The Bridge and partners B-Hive, IBM, Smartfin Capital and Startups.be - have renewed their commitment to ING FinTech Village with great enthusiasm.