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Tink will now support PayPal (NASDAQ: PYPL) across Europe as it leverages opportunities with PSD2 and open banking. This extended work together is supported by a second strategic investment from PayPal.
Tink’s account aggregation, data enrichment and personal financial management technologies have been integrated into Nordea’s mobile banking app to deliver a personalised financial overview for the bank’s customers in Sweden, Norway, Finland and Denmark.
Open banking platform Tink continues its expansion across Europe with the acquisition
of Eurobits Technologies (Eurobits)— a leading provider of account aggregation services,
powering over 50 banks and fintechs such as BBVA, Santander, Sabadell and Fintonic.
The open banking platform Tink becomes BNP Paribas’ preferred partner in Europe for account aggregation, payment initiation and personal finance management technologies.
Investment round co-led by Dawn Capital, HMI Capital and Insight Partners will allow
Tink — Europe’s leading open banking platform that connects to more than 2,500 banks
that reach over 250 million bank customers across Europe — to accelerate growth plans
towards pan-European coverage and further expand its product offering.
The move rounds off a strong year, which saw Tink raise €56 million in funding and
secure high profile partnerships with PayPal, NatWest and Caixa Geral de Depósitos.
Open banking platform Tink has strengthened its commitment to the UK and Irish markets by appointing Stripe’s former head of EMEA banking, Rafael Plantier, as its new Country Manager for the UK and Ireland.
Partnership will make money management smarter and easier for CGD’s customers in Portugal via its brand-new app, DABOX.
Banking is facing its biggest remake in history. Technological developments, changing consumer expectations and new regulations are forcing the industry to open up.
With this investment, PayPal has agreed to partner with Tink to leverage its Account Aggregation technology to improve product experiences for PayPal customers.
Open banking was launched to spur innovation in the financial services industry and create a better deal for consumers. But new research published today by open banking platform Tink reveals that European financial institutions still have significant concerns about its impact.
Tink have added Danish fintech company Lunar Way to its growing customer portfolio. Lunar Way is licensing Tink’s technology to develop its own Personal Finance Management app across the Nordic countries, starting with account aggregation.
New investment round led by Insight Venture Partners will allow Tink to double its market coverage and presence in Europe, and further expand its product offering.
The Swedish fintech introduces its developer platform, democratising access to financial data and helping third-party providers create next-generation products for customers.
Belgium’s leading bank BNP Paribas Fortis has partnered with Tink to integrating our aggregation, Personal Finance Management (PFM) and payment initiation technology in its mobile banking applications.
Nordea, Nordnet and Klarna join SEB and ABN Amro to license Tink’s PFM technology Tink secures €14 million in investments as it ramps up Enterprise offer across Europe.
Tink is Europe’s leading open banking platform that enables banks, fintechs and startups to develop data-driven financial services. Through a single API, Tink allows customers to access aggregated financial data, initiate payments, enrich transactions and build personal finance management tools. Tink connects to more than 2,500 banks – which reaches over 250 million bank customers across Europe. Founded in 2012 in Stockholm, Tink’s 270 employees serve 14 European markets out of 13 offices.
Bank customer reach
Tink is targeting further European expansion with its $100 million capital raise
Swedish startup lands €56m from big banks to take advantage of 'open banking'