Tink: Extends open banking support for Paypal
- Tink is Europe’s leading open banking platform that enables banks, fintechs and startups to develop data-driven financial services
- PayPal one of the world’s leading fintech companies, serving more than 330 million consumers
- Tink will now support PayPal (NASDAQ: PYPL) across Europe as it leverages
opportunities with PSD2 and open banking - This extended work together supported by a second strategic investment from PayPal
- Tink and PayPal’s extended commercial agreement now includes all countries within the European Economic Area (EEA)
- As a first step, PayPal will implement Tink’s open banking and account aggregation technology into some user experiences for customers
