Menu

Revolut and Tink partner for European payments

2 min read|Published June 07, 2022
Revolut + Tink

The global financial super app Revolut has entered into a strategic partnership with Tink to offer its European customers seamless payment solutions powered by open banking technology. Here’s how Revolut is hoping to improve its customers’ payment journeys with PIS.

TL;DR – Quick summary
  • Global financial super app Revolut helps its customers get more from their money to improve their financial health.

  • The app is partnering with Tink to offer customers seamless payment solutions powered by open banking.

  • This will streamline the payment journeys for millions of customers across Europe, and is an important step towards mass-market adoption of open banking powered payments.

TL;DR – Quick summary
  • Global financial super app Revolut helps its customers get more from their money to improve their financial health.

  • The app is partnering with Tink to offer customers seamless payment solutions powered by open banking.

  • This will streamline the payment journeys for millions of customers across Europe, and is an important step towards mass-market adoption of open banking powered payments.

Since its launch in 2015, Revolut’s aim has been to help its customers get more from their money. Today, more than 18 million customers around the world use their products to make more than 150 million transactions a month. 

Through the partnership with Tink, Revolut will leverage open banking technology to streamline its European customers’ money transfers by simplifying the way funds are moved from account to account. 

Powering seamless payments across Europe

Tink’s payment initiation services (PIS) technology will allow Revolut users across Europe to seamlessly move money into their Revolut account. PIS enables users to connect to the bank account they want to move money from, and instantaneously authorise and complete the payment – without leaving the Revolut app.

‘We are delighted to bring Tink’s solutions to Revolut. Our partnership with Tink will enable Revolut to expand our open banking services across new markets in a fast and sustainable way,’ says Ivan Chalov, Head of Retail at Revolut.

In a time where the financial industry is seeing increasing demand for fast and frictionless digital experiences, Revolut and Tink are partnering up to provide services that better meet the needs of customers. Forging these kinds of strategic partnerships is an important step towards mass-market adoption of open banking powered payments across Europe.

More in Tink news

SlimPay parters with Tink
2022-09-06 · 4 min read
SlimPay partners with Tink

SlimPay is partnering with Tink to offer seamless subscription payment experiences across Europe, powered by open banking. SlimPay merchants will be able to offer a secure, seamless way to set up a direct debit that lets users authenticate and make the initial payment through open banking.

Tink news
Billogram and Tink partner to streamline invoice payments
2022-08-25 · 3 min read
Billogram and Tink partner to streamline invoice payments

We’re proud to announce a partnership with Billogram to further improve their customer experience by removing friction from their invoicing platform.

Tink news
Tink partners with Solidi
2022-07-18 · 5 min read
Solidi and Tink partner to launch instant account top-ups for crypto investors

Tink is partnering with UK cryptocurrency exchange Solidi to bring instant payments settlements to crypto investors. Open banking-enabled account settlements are faster, safer, and more convenient than bank transfers.

Tink news

Get started with Tink

Contact our team to learn more about what we can help you build – or create an account to get started right away.

Contact our team to learn more about our premium solutions or create a free account to get started right away.