Frank Jan Risseeuw, CEO of account aggregation platform Yolt, is moving across to ING to take charge of the Dutch bank's 'Model Bank' strategy.
One of the cornerstones of ING’s Think Forward Strategy projects, Risseeuw will lead the integration of four ING Retail countries to a new single banking platform.
Risseeuw started ING incubator project Yolt back in 2016 to take advantage of the EU-wide shift to Open Banking. The smart money app has sinceattracted over one million registered users in the United Kingdom, France and Italy, and recently moved into the B2B market, offering its technical toolkit under the Yolt Technology Services banner.
Benoît Legrand, chief innovation officer, ING, says: “With ING’s Think Forward Strategy, we are committed to thinking beyond banking and to make banking clear and easy, available anytime, anywhere. Yolt is a great example of creating this differentiating customer experience through a disruptive platform business model. Within ING, we grow concepts into scale-ups like Yolt which aim to disrupt banking.”
Yolt is commencing a search for a new CEO to succeed Risseeuw.