The opportunities created by the open banking movement is big business in France. It’s a vibrant home for fintechs and startups alike – and now Tink is joining the party in Paris, opening a new office to help French banks expand their open banking connectivity across Europe.
The ecosystem for open banking infrastructure in France has remained mostly within its national borders. It’s because banks snap up many of the brightest fintechs to bolster in-house tech talent and drive internal innovation, so many are taken off the market before they can scale and offer their services internationally.
For many French banks with global reach, this means either they haven’t deployed open banking services across markets yet or are using a different local tech partner in each and every country.
We could see a Tink-shaped hole in the French market, with a clear opportunity to support fintechs and banks alike with open banking services and high-quality coverage across Europe.
Rather than needing to find a new tech partner in each country, we’ll offer French banks the ability to quickly deliver open banking services across Europe.
And French fintechs will now be able to expand their services across borders, offering their customers the chance to use mountains of financial data to better understand and manage money.
In a country where eye contact and a handshake are vital, our ambitious team will have the chance to meet potential partners where they are – and help French businesses deliver the future of financial services.
Tink and ConTe.it Prestiti team up to power an instant lending application process with open banking, using the Tink Income Check product.
Discover how Tink's partnership with Multitude Bank is transforming digital banking across Europe. Streamlining loan origination, improving credit assessments, and promoting responsible lending across 19 countries worldwide.
Tink tops the 2023 Juniper Research Competitor Leaderboard in open banking – read the independently evaluated report here.
Contact our team to learn more about what we can help you build – or create an account to get started right away.