Strategy
ING Bank Partners With Online Wealth Manager

The deal will see the two firm's launch an investment solution for ING's customers in Germany.
Dutch-based bank ING
has partnered with online wealth manager Scalable
Capital, a financial technology in the European
robo-advice market.
Together, ING and Scalable will offer a fully digital investment
solution to ING’s customers in Germany, the firm said in a
statement.
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 €10,000 ($11,890), clients will be able
to monitor their portfolios and all of their account
details, such as performance and fees, on both Scalable Capital
and ING's mobile apps and online portals in Germany.
“Scalable Capital’s online wealth management enables us to offer
our customers a highly attractive and comfortable way of
investing," said said Nick Jue, chief executive ING
Germany. "This move is in line with our strategy to deliver
the best and most cost-effective financial services to our
customers through advanced digitisation," he added.