Menu

Our new Warsaw tech hub is laying the open banking rails across Europe

3 min read|Published May 15, 2019
Warsaw tech hub

When your mission is to create the infrastructure on which the whole of Europe can build open banking services, finding enough tech talent is a challenge. It’s why we opened our new tech hub in Warsaw, Poland to put extra fuel in the tank.

With the full effect of PSD2 a mere months away, the race to offer market coverage for open banking services across Europe is on. And the result is clear. Having a first-mover advantage when PSD2 comes into force is essential – whether you’re providing the tech that financial institutions can build services upon or you’re building new digital banking services to better serve consumers.

We saw the need for new engineering talent rising, as we tried to expand our Stockholm team fast enough to keep up with our ambitions to connect all of Europe. But we knew that tapping into another pool of talent was the best way to plug a future gap.

Building the team

Poland has become a hub for tech talent and innovation in recent years, with tech behemoths like Google making landfall there. Warsaw is also home to a well-known tech university and a vibrant startup scene, so we knew the quality of talent was there.

For us, this isn’t an exercise in lowering costs or outsourcing the boring stuff. We are setting up a fully fledged engineering arm of Tink, where engineers have autonomy and responsibility for an entire piece of the process. Their expertise makes Tink stronger.

By the end of the year, we expect the team to be 40-strong. And we plan to double it in 2020.

Building the tech

The problem our Warsaw engineering team will solve is far from simple. We are currently live in 10 markets across Europe with the ambition of covering Europe in its entirety – and then going beyond it.

The questions for us centred on how to continue building the systems that create seamless integration with banks when the number of organisations we support grows to 30,000 or more. How do we best navigate thousands of different systems and information cycles, and how can we adapt our approach to each one?

The aim is consistently accessing every system so we can retrieve real-time data successfully, and push ourselves to be better all the time.

Ultimately, their powers will combine with that of our Stockholm team to keep laying the rails across Europe – the foundation for any open banking initiative.

More in Tink news

Revolut + Tink
2022-06-07 · 2 min read

Revolut and Tink partner for European payments

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.

Tink news
PostNord Strålfors and Tink partnering for payments
2022-03-15 · 3 min read

PostNord Strålfors and Tink partnering for payments

Find out how PostNord Strålfors – the largest distributor of invoices in the Nordics – is transforming how invoices are paid. (Spoiler alert: it has to do with their new partnership with Tink.)

Tink news
An Post and Tink team up to simplify money management
2022-03-01 · 3 min read

An Post and Tink team up to simplify money management for Irish customers

An Post, Irish postal service provider, is partnering with Tink to give its customers the power to better manage their money. Using Tink’s open banking technology, An Post’s Money Manager app helps users improve their finances.

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.