Helping French partners take open banking across Europe

2 min read|Published July 02, 2019
French office

With over 50 banks – some of which are the biggest in the world – France’s financial market has a wide reach in Europe and beyond. But the tech that enables businesses to launch new open banking services has largely been local. Until now.

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.

Filling in the gaps

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.

More in Tink news

Tink's Merchant Information solution

2024-10-01

4 min read

Meet Merchant Information: providing bank customers with elevated transaction visibility

Tink has today launched Merchant Information, a solution of our Consumer Engagement offering which provides consumers with more detailed information about their transactions.

Read more

INT_Blog Eventim x Tink image

2024-09-04

2 min read

CTS EVENTIM adds Tink’s user-friendly Pay by Bank service to its checkout options – giving fans even more choice

Collaborating with Tink, a market-leading payment services and data enrichment platform, CTS EVENTIM has now added Pay by Bank to its checkout process.

Read more

Image CE 2 Blog cover

2024-08-20

7 min read

UK bank customers could be almost £24.5 billion better off per year – through the power of digital financial management tools

Tink’s new research is telling for banks, revealing that consumers now demand more digital financial management tools to support their personal finance goals.

Read more

Get started with Tink

Contact our team to learn more about what we can help you build – or create an account to get started right away.

Rocket