Yesterday ##s announced a new strategic partnership with online lending platform Kabbage , which further extends the origination functions that new fintech companies can perform for larger institutions . The cooperation is also in line with ING's innovation approach to launch new services via both own initiatives and by working together with and investing in FinTechs and startups." Part of the partnership sees it and Kabbage launch a pilot scheme in Spain which will lend up to € 100,000 in Small and Medium - sized Enterprise ( SME ) customers . Kabbage are able to offer automated lending to SME customers via their technology and data platform .
Yesterday ##s announced a new strategic partnership with online lending platform Kabbage , which further extends the origination functions that new fintech companies can perform for larger institutions . Part of the partnership sees it and Kabbage launch a pilot scheme in Spain which will lend up to € 100,000 in Small and Medium - sized Enterprise ( SME ) customers . Kabbage are able to offer automated lending to SME customers via their technology and data platform .