CEO of Yolt moves across ING after four years of building award winning open banking scale-up

CEO of Yolt moves across ING after four years of building award winning open banking scale-up
05.12.2019 10:24 am

CEO of Yolt moves across ING after four years of building award winning open banking scale-up

Banking , M&A Deals

Today Yolt announces that its Chief Executive Officer, Frank Jan Risseeuw, will leave the company after building the brand from an innovation concept to the market leading, award-winning personal finance app, available in three markets in Europe. In his new role, Frank Jan will move to Madrid to lead another of ING’s ambitious change programmes, which will include integrating four of ING’s Retail countries into a new scalable banking platform.

Frank Jan started Yolt back in 2016 with a small team and scaled the company from the original concept and idea into the innovative leader in open banking that it is today, foreseeing the opportunities in open banking from the PSD2 European directive.

Announcements of a successor to lead Yolt into its next phase of growth will follow in due course.

Frank Jan Risseeuw, Chief Executive Officer, Yolt, says: “The past four years have been an incredible period, building Yolt with a fantastic team, partners, ING and most importantly, the Yolt community. Yolt has been more successful than I could have dreamt and it has been my privilege to have grown our open banking disruptive idea to over one million registered users across Europe, and to have recently launched our B2B proposition. I especially want to thank the talented Yolt team, as I take this difficult - but ultimately right - decision to move onto the next challenge for me and my family.”

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 - to empower and to keep getting better. 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. I would like to thank Frank Jan for taking Yolt from an idea to a market leader with dedication and passion.”



Related News

Royal Bank of Scotland (RBS) Leverages Mphasis’ Testing Centre of Excellence to Support Business Alignment Objectives

Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specialising in ... Read more »

OpenPayd unveils crypto banking and payments proposition amid unprecedented sector growth

OpenPayd, the API-led Banking-as-a-Service provider, today unveils its banking and payments solution for... Read more »

CaixaBank to enable non-residents to open an account and apply for a mortgage online

CaixaBank, Spain’s leading retail bank headed by chairman Jordi Gual and chief executive officer Gonzalo Gortázar, has become the country’s first bank to... Read more »

Paymentology eyes the Middle East as competition to attract digital-ready customers grows

UK cloud-based payment processor, Paymentology announces the expansion of its Middle East operation to meet the projected growth of digital banking in the... Read more »

Yolt helps users save on bills through partnership with flexible motor insurance provider By Miles

Yolt, the smart thinking money app, has expanded its network of partners today, announcing a new in-app partnership with pay... Read more »

Allica Bank launches 95-day notice account for personal savers

Allica Bank – the business bank that seeks to empower small and medium sized businesses – has today announced the launch of a 95-day notice account for personal savers. It will... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel