Tink (Financial Software) Overview
- Year Founded
-
2012
- Status
-
Acquired/Merged
- Employees
-
600
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$1.87B
Tink (Financial Software) General Information
Description
Developer of an open banking platform intended to offer data-driven financial services. The company's platform offers direct debit setups, fund transfer, enhanced credit scoring, price comparison, and invoice settlement, enabling banks, financial institutions, and startups to access a range of financial data.
Contact Information
Website
www.tink.com(Operating Subsidiary)
Corporate Office
- Vasagatan 11
- 7th Floor
- 111 20 Stockholm
- Sweden
Corporate Office
- Vasagatan 11
- 7th Floor
- 111 20 Stockholm
- Sweden
Tink (Financial Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 10-Mar-2022 | $1.87B | Completed | Generating Revenue | ||
| 8. Later Stage VC (Series D) | 11-Dec-2020 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 20-Jan-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 01-May-2019 | Completed | Startup | |||
| 5. Later Stage VC | 24-Oct-2017 | Completed | Startup | |||
| 4. Early Stage VC (Series B) | 19-May-2016 | Completed | Startup | |||
| 3. Accelerator/Incubator | Completed | Startup | ||||
| 2. Early Stage VC (Series A) | 12-Sep-2014 | $4.08M | $4.88M | Completed | Startup | |
| 1. Seed Round | 01-Jan-2013 | $800K | $800K | Completed | Startup |
Tink (Financial Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 21,800 | $117.28 | $117.28 | 1x | $117.28 | 7.24% | ||
| Ordinary | 63,500 | $17.27 | $17.27 | 1x | $17.27 | 21.1% |
Tink (Financial Software) Comparisons
Industry
Financing
Details
Tink (Financial Software) Competitors (26)
One of Tink (Financial Software)’s 26 competitors is BankiFi, a Venture Capital-Backed company based in Manchester, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| BankiFi | Venture Capital-Backed | Manchester, United Kingdom | ||||
| Unnax | Private Equity-Backed | Barcelona, Spain | ||||
| Token.io | Venture Capital-Backed | London, United Kingdom | ||||
| Payer (Sweden) | Venture Capital-Backed | Stockholm, Sweden | ||||
| TrueLayer | Venture Capital-Backed | London, United Kingdom |
Tink (Financial Software) Signals
Tink (Financial Software) Former Investors (21)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ABN AMRO Ventures | Corporate Venture Capital | Minority | ||
| BNP Paribas | Investment Bank | Minority | ||
| Big Mojo Capital | Corporation | Minority | ||
| Angel (individual) | Minority | |||
| Creades | Growth/Expansion | Minority |
Tink (Financial Software) Investments & Acquisitions (6)
Tink (Financial Software)’s most recent deal was a Merger/Acquisition with FinTecSystems. The deal was made on 18-May-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| FinTecSystems | 18-May-2021 | Merger/Acquisition | Financial Software | ||
| OpenWrks | 21-Sep-2020 | Merger/Acquisition | Financial Software | ||
| OpenWrks (Aggregation Platform) | 21-Sep-2020 | Corporate Asset Purchase | Buildings and Property | ||
| Instantor | 16-Jul-2020 | Merger/Acquisition | Other Financial Services | ||
| Eurobits Technologies | 20-Apr-2020 | Merger/Acquisition | Business/Productivity Software |
Tink (Financial Software) Affiliates
Subsidiaries (4)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Tink Norway | Oslo, Norway | 2019 | |
| Tink France | Paris, France | 2019 | |
| FinTecSystems | Munich, Germany | 2014 | |
| Instantor | Stockholm, Sweden | 2010 |
Tink (Financial Software) FAQs
-
When was Tink (Financial Software) founded?
Tink (Financial Software) was founded in 2012.
-
Where is Tink (Financial Software) headquartered?
Tink (Financial Software) is headquartered in Stockholm, Sweden.
-
What is the size of Tink (Financial Software)?
Tink (Financial Software) has 600 total employees.
-
What industry is Tink (Financial Software) in?
Tink (Financial Software)’s primary industry is Other Financial Services.
-
Is Tink (Financial Software) a private or public company?
Tink (Financial Software) is a Private company.
-
What is the current valuation of Tink (Financial Software)?
The current valuation of Tink (Financial Software) is .
-
What is Tink (Financial Software)’s current revenue?
The current revenue for Tink (Financial Software) is .
-
How much funding has Tink (Financial Software) raised over time?
Tink (Financial Software) has raised $271M.
-
Who are Tink (Financial Software)’s investors?
ABN AMRO Ventures, BNP Paribas, Big Mojo Capital, , and Creades are 5 of 21 investors who have invested in Tink (Financial Software).
-
Who are Tink (Financial Software)’s competitors?
BankiFi, Unnax, Token.io, Payer (Sweden), and TrueLayer are some of the 26 competitors of Tink (Financial Software).
-
When was Tink (Financial Software) acquired?
Tink (Financial Software) was acquired on 10-Mar-2022.
-
Who acquired Tink (Financial Software)?
Tink (Financial Software) was acquired by Visa.
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