We’re beyond excited to announce that Tink is joining forces with Eurobits Technologies. The acquisition of Eurobits is a big step for us in our continued expansion across Europe, and a complement to our organic growth strategy to enhance our platform, increase connectivity and expand our product offering - extending the reach of Tink’s open banking platform to 17 markets, predominantly in Europe and in Latin America.

Founded in 2004 and headquartered in Madrid, Eurobits are renowned for their strong partnerships with many leading banks and fintechs across Europe and Latin America. They bring significant international customers to Tink, as they are powering over 50 banks and fintechs such as BBVA, Santander, Sabadell, Fintonic, Telefonica and La Banque Postale.

We have long admired Eurobits as one of the pioneers and driving forces in the open banking industry. Tink and Eurobits coming together is a game-changer in the industry and our two companies share the same commitment to innovation, product excellence and customer focus.

Together, we’ll continue on our mission to power the new world of finance by building the best open banking platform in Europe, offering the connectivity and technology that banks, fintechs and startups need to deliver the future of financial services.
As our teams integrate into one, we will share more about what we’ll be working on together in the coming months. The possibilities of open banking are endless. And we’re really only just getting started.

Read original article here