Fintech Tink receives 85 million euros
Tom Schmidtgen
| 14.12.2020
In its second round of financing this year, the Swedish financial services provider once again raises a double-digit million amount.
Fintech Tink has raised another 85 million euros. the company announced on Wednesday. Already in January, the Swedes were able to raise 90 million euros, so come this year to 175 million euros in investment.
The new round was led by French investor Eurazeo Growth, which invested 33 million euros. Previous major London-based investor Dawn Capital also chipped in capital.
Tink plans to use the money to grow further. The Swedish service provider processes payments via an API. Tink is Europe's leading open banking platform, connected to more than 3400 banks and serving 250 million banking customers. Tink is based in Stockholm and employs 365 people.
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