ING Ventures Invests in OpenFin
Digital Finance App

ING Ventures Invests in OpenFin

ING joins because the seventh main monetary establishment to strategically spend money on OpenFin

NEW YORK and LONDON, July 6, 2022 /PRNewswire/ — OpenFin, the working system (OS) of enterprise productiveness, introduced at the moment that it has secured a strategic funding from ING Ventures, the enterprise capital arm of ING making investments in firms which have strategic relevance to ING. The capital will speed up the growth of OpenFin OS all through the monetary business.

ING Ventures Invests in OpenFin

(PRNewsfoto/OpenFin)

“We’re excited to accomplice with OpenFin as they’ve confirmed to be the perfect at school app platform on this house.”

OpenFin’s web-based OS has turn out to be the de facto customary in monetary providers for powering next-generation purposes and digital experiences for workers and shoppers. The software program is now used at greater than 2,400 banks, wealth and asset administration companies in 60+ nations.

This announcement follows a interval of accelerated development since final 12 months’s launch of OpenFin Workspace, the brand new visible interface of OpenFin OS which incorporates parts for advanced windowing, superior search, actionable notifications and software discovery.  Constructed on Google’s Chromium engine, OpenFin OS simplifies app distribution, unifies the digital workspace and permits seamless communication and workflow between apps.

The newest spherical of capital shall be used to speed up growth of OpenFin OS to each consumer inside monetary providers. The agency’s software program is already being utilized by 23 of high 25 world banks in addition to most of the world’s main asset managers and monetary providers distributors.

ING adopted OpenFin’s expertise in 2021 to speed up their desktop transformation technique. Workers now have entry to simple workspace administration and automatic workflows that are intuitive, user-friendly and assist improve productiveness.

Frederic Hofmann, Co-Head of ING Ventures mentioned: “Our funding in OpenFin additional validates our willpower and dedication to digital transformation and innovation. We’re excited to accomplice with OpenFin as they’ve confirmed to be the perfect at school app platform on this house, remodeling distribution and considerably enhancing end-user productiveness throughout the finance business.”

Adam Toms, Chief Working Officer at OpenFin mentioned: “We’re delighted to have the backing of ING Ventures as we speed up our growth throughout Monetary Companies. ING’s deal with innovation and their footprint the world over makes them a great accomplice for OpenFin.”

ING joins a distinguished group of OpenFin traders, together with Bain Capital Ventures, Barclays, CME Ventures, DRW Enterprise Capital, HSBC, J.P. Morgan, NYCA Companions, Pivot Funding Companions, SC Ventures and Wells Fargo Strategic Capital.

About ING
ING Ventures is the EUR 350 million enterprise capital fund of ING. ING is a world monetary establishment with a powerful European base, providing banking providers via its working firm ING Financial institution. The aim of ING Financial institution is empowering individuals to remain a step forward in life and in enterprise. ING Financial institution’s greater than 57,000 workers provide retail and wholesale banking providers to prospects in over 40 nations.

About OpenFin

Transfer Quick. Break Nothing. OpenFin is the working system for enterprise productiveness, enabling app distribution, workspace administration and workflow automation. Utilized by 90% of worldwide monetary establishments, OpenFin deploys greater than 3,500 desktop purposes to greater than 2,400 buy-side and sell-side companies. OpenFin traders embrace Bain Capital Ventures, Barclays, CME Ventures, DRW Enterprise Capital, HSBC, J.P. Morgan, NYCA Companions, Pivot Funding Companions, Normal Chartered and Wells Fargo Strategic Capital amongst others. The corporate relies in New York with an workplace in London and presence in Hong Kong.

For Media Inquiries:

OpenFin – press@openfin.co

ING – Marc.Smulders@ing.com | +31615063913

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SOURCE OpenFin