Since 2012, Tink has pivoted from consumer focused financial management app, to a B2B open banking platform. In the EU, all banks and financial institutions are now obliged to use open banking interfaces, but with no standard format, Tink has been able to offer users everywhere a single API for moving money, accessing financial data, and verifying accounts.
The company has won the custom of some of the world’s biggest financial institutions, including PayPal, American Express, BNP Paribas and ABN AMRO.
In 2021 the company was acquired by Visa in a major deal, though it will continue to operate as a standalone subsidiary with the same leadership team that founded the company.
Steph
Company Specialist at Welcome to the Jungle