About ING
ING is a company based in Amsterdam (Netherlands) founded in 1991.. The company has 61,120 employees as of December 31, 2024. ING has completed 10 acquisitions, including Aetna International, Capital One Investing and Cedar Court Healthsouth Rehabilitation Hospital. ING operates in a competitive market with competitors including Scotiabank, Bank of America, UniCredit, NIBC and ASN Bank, among others.
- Headquarter Amsterdam, Netherlands
- Employees 61120 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ing Groep N.V.
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Annual Revenue
$68.65 B (USD)10.1as on Dec 31, 2024
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Net Profit
$6.64 B (USD)-12.35as on Dec 31, 2024
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EBITDA
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Latest Funding Round
$333.65 (USD), Grant
Mar 21, 2024
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Investors
European Union
& 4 more
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Employee Count
61120
as on Dec 31, 2024
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Investments & Acquisitions
Aetna International
& 9 more
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IPO & Listings of ING
ING is a publicly listed company on the EURONEXT with ticker symbol INGA in Netherlands, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
97 people
Software Development Team
85 people
Finance and Accounting
78 people
Product Management Team
64 people
Data Analysis and Operations Team
30 people
Head Team
16 people
Senior Team
8 people
Supervisory Team
7 people
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Funding Insights of ING
- Total Funding Total Funding
- Total Rounds 20
- Last Round Grant — $334
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First Round
First Round
(28 Jun 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Grant - ING | Valuation |
investors |
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| Mar, 2024 | Amount | Grant - ING | Valuation |
investors |
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| Feb, 2024 | Amount | Grant - ING | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ING
ING has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, ICICI Venture and Kotak Private Equity Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Alternative asset management and investment services in India.
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Founded Year | Domain | Location | |
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Investment firm focusing on private equity in sectors like financial services and healthcare.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ING
ING has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Aetna International, Capital One Investing and Cedar Court Healthsouth Rehabilitation Hospital. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Platform offering loyalty solution for offline businesses
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2012 | ||||
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A suite of IT services solutions is provided to clients.
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2009 | ||||
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Secure cross-border payment processing and acquiring services are provided globally.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ING
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ing Comparisons
Competitors of ING
ING operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Bank of America, UniCredit, NIBC and ASN Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided by NIBC in the Netherlands.
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| domain | founded_year | HQ Location |
Commercial bank
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ing
Frequently Asked Questions about ING
When was ING founded?
ING was founded in 1991 and raised its 1st funding round 20 years after it was founded.
Where is ING located?
ING is headquartered in Amsterdam, Netherlands.
Who is the current CEO of ING?
Steven van Rijswijk is the current CEO of ING.
How many employees does ING have?
As of Dec 31, 2024, the latest employee count at ING is 61,120.
What is the annual revenue of ING?
Annual revenue of ING is $68.65B as on Dec 31, 2024.
What does ING do?
ING Group was founded in 1991 and is headquartered in Amsterdam, Netherlands. As a commercial bank, operations are maintained worldwide in the financial sector. Banking, investment, life and non-life insurance, retirement, and asset management services are offered to clients. In 2020, annual revenues reached 20.1 billion, while net profit stood at 2.8 billion.
Who are the top competitors of ING?
ING's top competitors include Scotiabank, Bank of America and UniCredit.
Is ING publicly traded?
Yes, ING is publicly traded on EURONEXT under the ticker symbol INGA.
How many acquisitions has ING made?
ING has made 10 acquisitions, including Aetna International, Capital One Investing, and Cedar Court Healthsouth Rehabilitation Hospital.
Who are ING's investors?
ING has 5 investors. Key investors include European Union, ICICI Venture, Kotak Private Equity Group, Ministerstvo Hospodárstva Slovenskej Republiky, and ChrysCapital.
What is ING's ticker symbol?
The ticker symbol of ING is INGA on EURONEXT.
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