Tink is joining Visa
We are thrilled to announce Visa is acquiring Tink. This is the beginning of a new chapter in open banking, and we couldn’t be more excited about what this means for our employees, our customers and the future of financial services.
Visa has signed an agreement to acquire Tink.
Partnering with Visa will allow Tink to further grow its organisation, products and services, to better serve existing and future customers.
Tink and Visa share a common mission to connect the financial world and accelerate the growth and adoption of digital financial services.
Tink will operate as an independent brand within Visa.
The future of open banking has never looked brighter.
Almost ten years ago we founded Tink on the idea that access to financial infrastructure should be for everyone. Since that day, each and every one of our colleagues has worked relentlessly to build technology that makes it easy for people to connect their bank accounts to a new generation of financial services. Services that are intuitive, effortless and enjoyable. Services that remove barriers that have stood in the way of innovation for years.
From connecting the first 10 banks in Sweden, to being live in 18 markets supporting more than 3,400 financial institutions across Europe – we are so proud of what we all have achieved. Today, we are powering the pioneers – from thousands of startups to the largest and most progressive financial institutions in the world. The collective hard work of everyone at Tink is about to change the shape of the financial services industry forever.
It is clear that we have all built something truly incredible at Tink, which has had a tremendous impact on our customers, on consumers and on society at large. But it’s also clear that we’ve only scratched the surface and that we’ve just gotten started.
This is why we are thrilled to share the news that Tink is joining Visa.
As we got to know Visa, it became clear that we share a common mission – to connect the financial world and accelerate the growth and adoption of digital financial services. Teaming up with Visa means we’ll now be able to move faster and reach further than ever before, and we know that Visa is the perfect partner for the next stage of our journey.
We couldn’t be more excited for what this next phase means, for all of our colleagues, our customers and for the future of finance. This partnership reflects the contribution that every person at Tink has made over the past ten years, and the trust our customers have placed in us. Partnering with Visa will allow us to further grow our organisation, products and services, to better serve our existing as well as future customers - while continuing to operate as an independent brand and build on the incredible strengths of Tink.
Our warmest, most heartfelt thank you goes to every Tinker, who has worked so hard to get us to where we are today, as well as to our investors, customers and other supporters for believing in us over the years.
We couldn’t be more excited about this next chapter for Tink. Let’s go out and power the new world of finance!
Daniel and Fredrik,
Tink co-founders
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