09 January 2020

ING spins out FinTech platform

Written By FinTech Alliance in Accelerator

ING spins out FinTech platform

ING will spin out its bond analytics platform Katana as a separate entity.

In Brief:

  • Katana uses machine learning to scan the bond market, keeping investors informed.

  • It’s the latest startup to graduate from ING’s FinTech incubation labs.

  • Two previous graduates include Cobase and Yolt.

What does this mean?

The business began as a prototype in 2018 – spinning it out will involve a further investment of £1.5mn by ING, with a funding round totalling £3mn.

Read more here.

 

Up Next ...
22 November 2024

Eden AI raises €3M seed round to bridge the gap between AI models and business needs

Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...

22 November 2024

City Bank Adopts TranzAxis for E-Commerce Payment Solutions

This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.

22 November 2024

Zellis summit maps bold future of innovation

Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features

21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

More in Accelerator

BNY Mellon announces new FinTech graduates of its Ascent programme

29 January 2024

BNY Mellon today announced a new expansion of its earlier ...

Inicio AI selected to be part of Morgan Stanley’s 2023 global cohort of the Inclusive Ventures Lab

21 September 2023

Morgan Stanley (NYSE: MS) announced the 2023 global cohort of ...

Visa launches African FinTech startup accelerator programme

15 June 2023

Visa is launching a fintech accelerator programme for African startups ...

Barclays Eagle Labs launches project to scale green startups

02 November 2022

Barclays Eagle Labs has entered into a five-year partnership with ...

Videos Accelerator

The Launch of Accelerate and Mastercard's Fintech Journey

03 June 2019

Mastercard speaks at Money20/20 Europe about the changing fintech landscape, the launch of Accelerat...

There are no Events in this category