Enel X picks Tink as its open banking partner

2 min read|Published September 24, 2020
Enel X picks Tink as its open banking partner

We’re partnering with Enel X Financial Services – part of utility giant Enel Group – to power new digital services to millions of its customers. Together, we aim to meet the growing demand for managing finances digitally, and through engaging tools and personalised advice, help its customers make smarter financial decisions.

TL;DR – Quick summary
  • Enel X Financial Services has chosen Tink as its open banking technology partner.

  • New digital services will be powered to millions of customers across Europe.

  • Tink’s personal finance management and digital banking solutions will be used to roll out money management services.

  • Using machine learning to create personalised and tailored advice to help people make smarter financial decisions.

TL;DR – Quick summary
  • Enel X Financial Services has chosen Tink as its open banking technology partner.

  • New digital services will be powered to millions of customers across Europe.

  • Tink’s personal finance management and digital banking solutions will be used to roll out money management services.

  • Using machine learning to create personalised and tailored advice to help people make smarter financial decisions.

As the financial services arm of Europe’s largest utility company, Enel X is well placed to take smart digital services to millions of customers. And it’s doing just that by teaming up with Tink as its open banking technology partner.

Since its creation in 2017, Enel Group has been at the centre of developing digital products wherever there’s big potential to use energy for transformation – such as in cities, homes, industries and electric mobility. As its subsidiary, Enel X Financial Services provides electronic payment solutions to consumers and businesses alike.

The new partnership with Tink means our personal finance management (PFM) and digital banking solutions will be used to roll out new services for customers. Starting in the coming weeks with Enel X’s home country of Italy, and the rest of Europe.

Giulio Carone, CEO at Enel X Financial Services believes this agreement is a big step towards its aim of becoming a leading player in the digital banking market. “Powered by the new possibilities created by open banking, the partnership with Tink will help us support our clients in the daily management of their finances, with an innovative and engaging solution that uses machine learning to provide tailored and personalised advice.”

So we’re really proud to be teaming up with Enel X Financial Services, and over time, helping them support millions of customers to make better financial decisions.

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