Tink, the Swedish Fintech based in Stockhlom, just announced the acquisition of Eurobits Technologies, the European pioneer of PSD2 services.

In the press release, the Tink experts explain that "the acquisition of Eurobits is a big step (for us) in our continued expansion across Europe, and a complement to our organic growth strategy to enhance our platform, increase connectivity and expand our product offering - extending the reach of Tink’s open banking platform to 17 markets, predominantly in Europe and in Latin America".

Founded in 2004 and headquartered in Madrid, Eurobits is renowned for its strong partnerships with many leading banks and fintechs across Europe and Latin America. This acquisition will bring significant international customers to Tink, as Eurobits is powering over 50 banks and fintechs such as BBVA, Santander, Sabadell, Fintonic, Telefonica and La Banque Postale.

"Together, we’ll continue on our mission to power the new world of finance by building the best open banking platform in Europe, offering the connectivity and technology that banks, fintechs and startups need to deliver the future of financial services," concluded the founders of Tink.


Source: Tink

Publié le 30 mars 2020