The financial services firm's ING Ventures fintech fund will continue work on investments that has so far included Kabbage, WeLab and R3.

Netherlands-based financial services firm ING launched a €300m ($348m) strategic investment fund on Wednesday called ING Ventures that will target financial technology developers.

ING Ventures will act as a strategic entity, focusing on seed and early-stage deals for disruptive fintech developers, and later-stage investments in companies that have already made traction in the market, in countries where ING is operational, or where it plans to enter.

The establishment of the fund follows some 115 investments and partnerships ING has made…