Fintech Tink receives 85 million euros
The Swedish financial services provider raises another double-digit million euro amount in its second financing round this year.
Fintech Tink has raised a further 85 million euros, the company announced on Wednesday. The Swedes already raised 90 million euros in January, bringing their total investment this year to 175 million euros.
The new round was led by French investor Eurazeo Growth, which invested 33 million euros. The previous major London-based investor Dawn Capital also added capital.
Tink intends to use the money to grow further. The Swedish service provider processes payments via an API. Tink is Europe's leading open banking platform, which is connected to more than 3,400 banks and serves 250 million bank customers. Tink is based in Stockholm and has 365 employees.
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