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ING’s Belgium banking arm has deployed Minna Technologies’ subscription management solution.<\/p>\n
![](\"https:\/\/www.fintechfutures.com\/files\/2020\/06\/Minna-2-1.jpg\")
<\/p>\nThe Swedish start-up, founded in 2016, claims to have saved users more than €40 million<\/p>\n<\/div>\n
For Swedish fintech start-up Minna, this is its first Belgium roll out. ING joins existing clients Danske Bank, Sparebank1<\/a> and OP Financial Group<\/a>.<\/p>\n ING Belgium has roughly 1.8 million digital banking customers. Today the bank announced its CEO, Erik Van Den Eynden, a 30-year ING veteran, was leaving the bank on 1 October 2020.<\/p>\n Van Den Eynden oversaw a huge restructure at the bank since his 2017 appointment. He prioritised digital and helped the business model reach a ‘lean’ weight.<\/p>\n How Minna works<\/p>\n ING’s new fintech partner Minna gives banks’ customers an overview of all their subscriptions. It also allows customers to cancel subscriptions or switch to other providers without leaving the banking app.<\/p>\n The Swedish start-up, founded in 2016, claims to have saved more than €40 million on behalf of its users.<\/p>\n The fintech is authorised by the Swedish Financial Supervisory Authority (FSA). It operates as both a Payment Initiation Service Provider (PISP) and Account Information Service Provider (AISP).<\/p>\n ING partnership<\/p>\n The start-up’s relationship with ING began on the bank’s 2019 lab programme in Brussels – formerly known as FinTech Village.<\/p>\n The two companies successfully completed a proof of concept in the Benelux region.<\/p>\n ING Labs’ global head, Olivier Guillaumond, believes Minna’s technology will save its customers “millions of euros via cancellation and fully automated switching services”.<\/p>\n The bank’s lab programme is designed for mature fintechs to develop their products. It mainly serves customers in Belgium and the Netherlands.<\/p>\n “We have been very impressed by their [ING’s] innovation speed,” Minna’s CEO, Joakim Sjöblom, says in a statement.<\/p>\n “Given ING’s multinational presence, we have a great opportunity to help millions of customers in these uncertain times.”<\/p>\n Other bank projects<\/p>\n In April, Minna launched a pilot with Slovakia’s Tatra banka<\/a>. The pilot was part of Raiffeisen Bank International’s (RBI) ‘Elevator Lab Programme’.<\/p>\n Tatra banka, a member of RBI, said it watched Minna “for a while” before the pilot.<\/p>\n RBI has 16.7 million customers which span 13 markets across Central and Eastern Europe (CEE).<\/p>\n Last December, Minna also sealed a partnership deal with OP Financial Group<\/a>, Finland’s largest financial group.<\/p>\n The partnership followed its participation in OP’s ‘Open Banking Startup Partnership Programme’ in 2018.<\/p>\n Tags:<\/b> Ruby Hinchliffe<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"See Campaign: <\/strong>https:\/\/www.fintechfutures.com\/2019\/12\/op-financial-group-signs-minna-technologies-to-advance-open-banking\/<\/a>
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ING’s Belgium banking arm has deployed Minna Technologies’ subscription management solution. The Swedish start-up, founded in 2016, claims to have saved users more than €40 million For Swedish fintech start-up Minna, this is its first Belgium roll out. ING joins existing clients Danske Bank, Sparebank1 and OP Financial Group. ING Belgium has roughly 1.8 million digital banking customers. … Continue reading ING Belgium deploys Minna Technologies’ subscription manager<\/span><\/a> Continue Reading