Fintech Tink receives 85 million euros
The Swedish financial services provider is once again earning a double-digit million sum in the second financing round this year.
The Fintech Tink has raised another 85 million euros, the company announced on Wednesday. In January, the Swedes were already able to collect 90 million euros, bringing the total investment this year to 175 million euros.
The new round was led by French investor Eurazeo Growth, which has invested 33 million euros. The previous major investor Dawn Capital from London has also added capital.
Tink wants to use the money to continue growing. The Swedish service provider processes payments via an API. Tink is Europe's leading open banking platform, which is connected to more than 3400 banks and serves 250 million bank customers. Tink is based in Stockholm and employs 365 people.
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