OverviewSuggest Edit

Tink is a provider of an open banking platform that helps banks, fintech unicorns, and startups improve financial services. The company offers a range of cloud-based products, such as account aggregation, account check, payment initiation, data enrichment, and personal finance management (PFM). Its solutions include actionable insights, cash flow follow-up, enhanced credit scoring, funds transfer, goals and budgets, income verification, invoice settlement, multi-banking, proactive price comparison, and statistics.

TypePrivate
Founded2012
HQStockholm, SE
Websitetink.com

Latest Updates

Employees (est.) (Apr 2021)370(+104%)
Revenue (FY, 2019)KR114.5 M(+95%)
Cybersecurity ratingBMore

Key People/Management at Tink

Daniel Kjellén

Daniel Kjellén

CEO and Co-Founder
Fredrik Hedberg

Fredrik Hedberg

CTO and Co-Founder
Patrik Göthlin

Patrik Göthlin

COO
Christophe Joyau

Christophe Joyau

VP, Sales
Sofia Sundström

Sofia Sundström

VP, Connectivity
Francois Tornier

Francois Tornier

VP, Products
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Tink Office Locations

Tink has offices in Stockholm, København, Paris, Berlin and in 10 other locations
Stockholm, SE (HQ)
Vasagatan 11
København, DK
Applebys Pl. 7
Paris, FR
10 Rue Treilhard
Berlin, DE
Kemperpl. 1
Düsseldorf, DE
Berliner Allee 59
München, DE
Oskar-von-Miller-Ring 20
Show all (14)

Tink Financials and Metrics

Summary Metrics

Founding Date

2012

Tink total Funding

$297 m

Tink latest funding size

$103 m

Time since last funding

4 months ago

Tink investors

Tink's latest funding round in December 2020 was reported to be $103 m. In total, Tink has raised $297 m. Tink's latest valuation is reported to be €680 m.
View all funding rounds

Tink Revenue

Tink's revenue was reported to be kr114.53 m in FY, 2019 which is a 94.1% increase from the previous period.
SEK

Revenue (FY, 2019)

114.5m

Revenue growth (FY, 2018 - FY, 2019), %

94.1%

Net income (FY, 2019)

(193.2m)

EBIT (FY, 2019)

(194.2m)

Market valuation

680.0m

Cash (31-Dec-2019)

250.4m
SEKFY, 2017FY, 2018FY, 2019

Revenue

23.4m59.0m114.5m

Revenue growth, %

152%94%

Operating expense total

55.4m142.3m308.7m

Depreciation and amortization

231.9k1.1m2.2m
SEKFY, 2017FY, 2018FY, 2019

Cash

100.8m13.0m250.4m

Accounts Receivable

3.1m8.0m21.8m

Current Assets

109.0m32.1m292.0m

PP&E

812.9k1.8m3.3m
SEKFY, 2017

Revenue/Employee

558.7k

Financial Leverage

1.1 x
Show all financial metrics

Tink Operating Metrics

Apr, 2020Jan, 2021

Customers (Banks)

2.5 k3.4 k

Bank Customers Reached (Europe)

250 m250 m

Yearly Processed Transactions

10 b10 b

Users (Developers)

5 k8 k
Show all operating metrics

Tink Acquisitions / Subsidiaries

Company NameDateDeal Size
OpenWrksSeptember 21, 2020
InstantorJuly 15, 2020
Eurobits TechnologiesMarch 27, 2020
Tink France SARL
Tink Italy Srl
Tink Norway AS
Tink Poland Sp. z.o.o.
Tink Spanien SL
Tink UK Branch Ltd

Tink Revenue Breakdown

Embed Graph

Tink revenue breakdown by business segment: 99.8% from Sales and 0.2% from Other

Human Capital Metrics

Tink's employees are reported to be approximately 23% female and 77% male.
Embed Graph
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Tink Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Tink Online and Social Media Presence

Embed Graph

Tink News and Updates

BNL, BNP Paribas Group, goes live with multi banking using Tink technology

BNL and Tink have worked together to add a new multi-banking feature to BNL’s mobile banking app. The new feature gives BNL’s customers a 360-degree view of their finances in one place, by letting them add checking accounts they may hold with other banks in Italy, into the BNL environment.

Greenly, Tink to track carbon footprint through banks

Greenly, a carbon footprint tracking mobile app, has teamed up with the European Open Banking platform Tink to offer its mobile app throughout Europe. Founded in 2019, Greenly assists individuals and companies to track their carbon footprint automatically. The mobile app helps track your climate …

Dyme partners with Tink to scale subscribtion service across Europe

The partnership will see Dyme use Tink’s account aggregation technology in the UK and Germany, to connect people’s bank accounts within the app.

Sweden’s Tink raises $103M as its open banking platform grows to 3,400 banks and 250M customers

Tink, a startup out of Stockholm, Sweden that aggregates a number of banks and financial services by way of an API so that those can in turn be accessed via new channels, has raised €85 million (or $103 million at current rates), at a post-money valuation of €680 million (or around $825 million)

Tink appoints SimCorp CEO Klaus Holse as chairman

Tink has appointed Klaus Holse as its new Chairman of the Board. Danish-native Klaus brings extensive experience from both the technology and financial services industry, as CEO of investment management solutions provider SimCorp. Prior to that he spent more than 11 years at Microsoft, most recently…

Tink completes acquisition of Eurobits technologies

Tink completes its acquisition of the Spanish account aggregation provider Eurobits Technologies (Eurobits). Tink originally announced the acquisition of Eurobits for €15.5 million on 27 March 2020.
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Tink Blogs

4 ways actionable insights will benefit your business

 In part one of this series we scratched the surface of actionable insights, and what it can help you build. This time, we’re diving deep into the benefits for your business, and showing you how actionable insights is a game changer for your customers. …

How Goloyal is creating more customer value in the retail space

  Swedish company Goloyal is creating the next generation of loyalty programs for the retail space…

Actionable insights: your customers' personal finance coach

  Financial institutions across Europe are under pressure to deliver increasingly sophisticated se…

Tink acquires Eurobits

  We’re beyond excited to announce that Tink is joining forces with Eurobits Technologies. The acq…

Build a custom PFM experience – and fast – with Tink’s SDKs

  In digital banking, personal finance management (PFM) is a key contributor to customer engagement.…

Why open banking relies on trust – and the 4 keys to building it

  Open banking is changing the way people interact with their finances, as more providers launch value added …
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Tink Frequently Asked Questions

  • When was Tink founded?

    Tink was founded in 2012.

  • Who are Tink key executives?

    Tink's key executives are Daniel Kjellén, Fredrik Hedberg and Patrik Göthlin.

  • How many employees does Tink have?

    Tink has 370 employees.

  • What is Tink revenue?

    Latest Tink annual revenue is kr114.5 m.

  • What is Tink revenue per employee?

    Latest Tink revenue per employee is kr309.5 k.

  • Who are Tink competitors?

    Competitors of Tink include Fabrick, TrueLayer and Nordic API Gateway.

  • Where is Tink headquarters?

    Tink headquarters is located at Vasagatan 11, Stockholm.

  • Where are Tink offices?

    Tink has offices in Stockholm, København, Paris, Berlin and in 10 other locations.

  • How many offices does Tink have?

    Tink has 14 offices.