Thursday, November 21, 2024
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Tink: Acquires Eurobits

Tink: Acquires Eurobits

  • Tink will now have more room to expand with the acquisition of Eurobits, which works in account aggregation technology
  • Then the company bought Eurobits for 15.5 million euros ($17.2 million). Tink was formed in 2012
  • Tink received 90 million euros ($100.1 million) in a funding round in Januar
  • Tink’s services, according to the release, have powered a number of leading banking and fiscal institutions, including PayPal
  • Other listed companies that also will now be connected with Tink include the National Bank of Greece, France’s La Banque Postale and Telefonica
  • Then the company has 54 employees, all of whom will now be a part of Tink’s team

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