Voya Financial Announces Partnership with Technology Accelerator Plug and Play

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Get Alerts VOYA Hot Sheet

Price: $98.93 -0.03%

Overall Analyst Rating:
SELL (= Flat)

Dividend Yield: 1.3%
Revenue Growth %: -2.6%

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NEW YORK--(BUSINESS WIRE)-- Voya Financial, Inc. (NYSE: VOYA), announced today a partnership with Plug and Play, a global innovation and acceleration platform that connects leading technology startups with investors and corporate partners who can help them bring their innovative solutions to market. This partnership enables Voya Financial to collaborate with visionary entrepreneurs from around the world who are at the leading edge of digital transformation.

The company’s participation in Plug and Play’s FinTech accelerator programs supports its commitment to provide innovative digital enhancements and solutions to meet the changing needs of its customers. Additionally, Voya is a founding partner of Plug and Play’s New York office, which puts the company on the cutting edge of innovation.

“Identifying innovative solutions to add value to our customer relationships is central to our culture and operating philosophy,” said Maggie Parent, executive vice president and chief administrative officer. “This strategic partnership puts us at the forefront of emerging technologies, enabling us to accelerate the delivery of innovative digital solutions for our customers.”

As a key partner in Plug and Play’s FinTech vertical, Voya Financial will provide ongoing feedback and mentorship support to assist the startups in refining their product offerings and developing their go-to-market strategies.

"We are excited to welcome Voya Financial as a partner in our FinTech platform,” said Saeed Amidi, founder and CEO of Plug and Play. âVoyaâs commitment to innovation is what we look for in our partners and their expertise in financial services will bring valuable insight to our burgeoning startup ecosystem.â

About Voya FinancialÂ®

Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings â to get ready to retire better. Serving the financial needs of approximately 14.3 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $8.6 billion in revenue in 2017. The company had $528 billion in total assets under management and administration as of June 30, 2018. With a clear mission to make a secure financial future possible â one person, one family, one institution at a time â Voyaâs vision is to be Americaâs Retirement CompanyÂ®. Certified as a âGreat Place to Workâ by the Great Place to WorkÂ® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2018 Worldâs Most Ethical CompaniesÂ® by the Ethisphere Institute; one of the 2018 Worldâs Most Admired Companies by Fortune magazine; as a member of the Bloomberg Gender Equality Index; and as a âBest Place to Work for Disability Inclusionâ on the Disability Equality Index by Disability:IN. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.

About Plug and Play

Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 220 official corporate partners, we have created the ultimate startup ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. For more information, visit www.plugandplaytechcenter.com.