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How they describe themselves: ING Usługi dla Biznesu is a subsidiary of ING Bank Śląski (one of largest banks in Poland) founded in order to design, develop, and operationally deliver innovative services for SME and corporate clients of ING, going beyond the traditional banking offer.

How they describe their product/innovation: Aleo.com is a B2B marketplace, open for companies for all sizes, integrating online procurement services with easy supplier financing powered by ING Bank. It’s a place where buyers can find suppliers, publish an RFP, and negotiate prices on a purchase auction. Suppliers receive notifications on business opportunities and publish their online B2B product/service catalogues. The key financial product embedded in the platform is Aleo Supplier Financing, which enables suppliers to discount their receivables in just few clicks and empowers buyers to negotiate longer payment terms. For ING Bank, Aleo is an opportunity to reach clients with dedicated financial services exactly at the moment of doing business.

Product distribution strategy: Direct to Business (B2B)

Contacts:

Bus. Dev.: Bartosz Traczyk, CEO, bartosz.traczyk@ingbank.pl & Marek Kucharski, CTO, marek.kucharski@ingbank.pl & Jakub Wojteczek, Product Development & Marketing Director, jakub@aleo.com
Press: Ewa Szerszeń, ING Bank Poland, Deputy Press Spokesman, ewa.szerszen@ingbank.pl