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.
Stockholm, 8th April 2019: Lunar Way has chosen Tink as its partner to launch multi-banking and enable payments in their Nordic personal finance management apps. The partnership supports Lunar Way’s ambitions to ‘make money matter’ across all Nordic countries, starting in Denmark.
By utilising Tink’s API they are able to aggregate financial data that goes beyond the data scope that PSD2 covers, so that their end users can get a full overview over their finances. Payment Initiation will take the app from read-only to actionable, so that users can move money between accounts, as well as pay bills.
- Tink has an interesting Nordic perspective that matches Lunar Way’s ambitions. Besides the coverage and connectivity, Tink has a well-developed API structure that makes the integration and collaboration seamless. They’ve already proven that they can collaborate with a range of different players within the financial services industry, which underlines their ability to close the gap between banks and new financial players, says Morten Sønderskov, COO in Lunar Way.
- By leveraging our technology Lunar Way are on a fast-track towards their Nordic expansion.
The integration has allowed them to focus on taking their product to market, as well as
launching multi-bank and payment functionalities, which we believe will be of essence to bring true customer value, says Daniel Kjellén, CEO and co-founder at Tink.
For more information, contact:
Julia Levander, PR Manager, Tink: email@example.com, +46 72 400 84 42
Camilla Falkenberg, PR Manager, Lunar Way: firstname.lastname@example.org, +45 3137 82 49
Founded in Stockholm in 2012, Tink is a cloud-based platform that provides the infrastructure and value-adding data products that are enabling the future of financial services. Currently consisting of Account Aggregation, Payment Initiation, Personal Finance Management and Data Enrichment – Tink’s products can be used to develop standalone services or be integrated into existing banking applications.
The company has 150 employees and its partners include SEB, ABN AMRO, BNP Paribas Fortis, Nordea and Klarna. Insight Venture Partners, Sunstone, SEB, Creades, Nordea Ventures and ABN AMRO Digital Impact Fund have invested in Tink.