Tink becomes BNP Paribas’ preferred tech partner in Europe
BNP Paribas, the world’s eighth-largest bank, has selected Tink to be its preferred European partner for data aggregation and enrichment, payment initiation and personal finance management (PFM) technology – bringing our banking infrastructure and data services to the bank that serves 18 million customers in the region.
The strategic partnership extends the already-close relationship between Tink and BNP Paribas. In addition to our two-year-old partnership with BNP Paribas Fortis – the Belgian subsidiary who uses our tech in their Easy Banking App – Tink will be partnering with the Italian subsidiary Banca Nazionale del Lavoro (BNL).
The Italian retail banking network will start using our full tech offering – data aggregation and enrichment, payment initiation and personal finance management (PFM). And in doing so will enable its customers to start benefiting from a new generation of data-driven banking services.
Our ties with the Paris-headquartered bank are also immediately being strengthened by the minority stake that BNP Paribas Group’s venture arm Opera Tech Ventures has taken in Tink, as part of our recent €90 million investment round.
An expanding European footprint
Becoming the preferred tech provider to one of the largest retail banking groups in Europe – and getting the opportunity to help improve the personal finance management of its 18 million customers – is a big step in the open banking journey.
It’s further proof that big incumbent banks like BNP Paribas recognise the opportunity that’s being presented by a shifting industry – and signaling that they want to be on the front lines.
The partnership with BNL, in particular, highlights the exciting ecosystem that’s taking shape in Italy – where consumers are increasingly turning to mobile services for their day-to-day banking. And big players are taking notice.
Poste Italiane – the country’s postal service and a financial services provider – also became a strategic investor in Tink in our most recent funding round.
This industry is developing so quickly – and we’re fortunate to be standing on the front lines with the best in Europe.
More in Tink news
Spotlight - Tink’s fast-growing team in Poland
We spoke to members of Tink’s thriving Polish office, which has expanded from a small engineering hub to a live open banking payments market, with more than 140 staff now based in Warsaw.
Tink will embed ecolytiq’s solution into its platform to scale sustainability-based services
Tink and climate engagement solution, ecolytiq, are joining forces to embed ecolytiq’s sustainability services into the Tink platform.
Goodlord teams up with Tink to streamline letting applications
Goodlord chooses Tink Income Check to streamline its letting process, using open banking and real-time data to improve verification and minimise fraud.
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.
