Tink is a market leader in open banking, offering data-driven financial services to banks, fintechs, and merchants. With over 6,000 connections to banks across 18 markets, Tink, founded in 2012 and based in Sweden, is a wholly owned subsidiary of Visa. The company aims to streamline financial processes, such as account-to-account payments and customer onboarding, while providing tools for credit decisions and money management. It has attracted significant attention from investors, receiving a substantial €85.00M in a Venture Round investment on 11 December 2020 from notable firms including Dawn Capital, Heartcore, Euazeo, HMI Capital, Opera Tech Ventures, Poste Italiane, PayPal Ventures, and ABN AMRO Ventures. Tink's success lies in its ability to simplify complex financial processes for consumers, ultimately contributing to the evolution of the finance industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | €85.00M | 8 | PayPal Ventures, ABN AMRO Ventures | 11 Dec 2020 |
Venture Round | €90.00M | 8 | PayPal, ABN AMRO Ventures | 20 Jan 2020 |
Corporate Round | €10.00M | 1 | PayPal Ventures | 04 Jun 2019 |
Series D | €56.00M | 5 | SEB (Skandinaviska Enskilda Banken), ABN AMRO Ventures | 06 Feb 2019 |
Series C | €14.00M | 5 | ABN AMRO Ventures | 25 Oct 2017 |
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