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.