Europe Fintech

ING collaborates with Minna Technologies to launch a new subscription management service

ING Belgium has entered a partnership with Minna Technologies. The two companies will work together to launch a new digital banking service, allowing the bank’s customers to manage their subscription services
without leaving the bank’s digital channel.

Today Minna Technologies announces a new partnership with ING Belgium, one of the leading banks in Belgium with more than 1.8 million digital banking customers.

The partnership is a continuation of Minna Technologies’ participation in ING Labs Brussels program 2019, the former FinTech Village, where the two companies successfully completed a proof of concept (POC) that demonstrated the value of subscription management in the Benelux region.

With the new subscription management service, the bank’s customers will get a clear overview of all active subscriptions. The service also allows customers to cancel existing subscriptions, as well as improving them by switching to better alternatives.

Olivier Guillaumond, Global Head of ING Labs & Fintech’s, said: “We are delighted to announce the collaboration with Minna Technologies. This is a clear example of impactful Fintech partnerships that we aim to scale within ING. It will offer a differentiating experience to our customers allowing them to have a better insight into their subscriptions and save millions of euros via cancellation and fully automated switching services. This partnership is yet another great outcome for ING Labs Brussels. ING Labs Brussels is a special purpose vehicle concentrating on validating proof of concepts with mature fintech’s to bring maximum value for our clients so they can stay a step ahead in their lives. It covers all value spaces primarily for Belgium and the Netherlands with the potential to expand to other countries”.

Joakim Sjöblom, CEO, Minna Technologies, said: “We are beyond excited to partner with such a forward-leaning bank as ING. We have been very impressed by their innovation speed, and look forward to delivering new values to their digital banking customers. Given ING’s multinational presence, we have a great opportunity to help millions of customers in these uncertain times”.

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