OpenFin secures strategic funding from ING

OpenFin, which provides financial institutions with the tools to improve productivity, has secured a strategic investment from ING Ventures.

This funding will help OpenFin expand its services across the financial industry. OpenFin stated that its software is used by 23 of the top 25 global banks.

It claims its web-based operating system has become the de facto standard in financial services for powering next-generation applications and digital experiences for employees and clients.

Through the APIs, companies can launch apps, automate tasks, configure complex layouts, search, context share, send and receive notifications and discover new apps.

The software is used by over 2,400 banks, wealth and asset management firms in more than 60 countries.

Last year, OpenFin launched its Workspace solution, a new visual interface which includes components for complex windowing, advanced search, actionable notifications and application discovery. 

ING is one of OpenFin’s clients, leveraging the technology to accelerate their desktop transformation strategy. Employees have access to easy workspace management and automated workflows.

ING Ventures co-head Frederic Hofmann said, “Our investment in OpenFin further validates our determination and commitment to digital transformation and innovation. We are excited to partner with OpenFin as they have proven to be the best-in-class app platform in this space, transforming distribution and significantly enhancing end-user productivity across the finance industry.”

OpenFin previously raised a strategic investment from SC Ventures in late 2020.

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