Saturday, June 22, 2024

Open Banking Startup Tink valued at $800M

By DAC000 , in Open Banking , at December 12, 2020 Tags:

Tink, a Open Banking startup has been aggregating data from thousands of Financial Institutions allowing a wide range of services to be offered to customers. About a three-minute read.

Comment: this is excellent, while Open Banking is pretty cool we’re now seeing the emergence of services running on top of each Financial Institution, and facilitating information sharing. Which, of course, is just the start of service substitution. We’ve talked about Open Banking here at Fintech Flash News, its an excellent concept which promises to benefit customers.