{"id":6875,"date":"2019-06-12T15:57:46","date_gmt":"2019-06-12T15:57:46","guid":{"rendered":"https:\/\/insights.invyo.io\/europe\/?p=6875"},"modified":"2019-06-18T09:46:15","modified_gmt":"2019-06-18T09:46:15","slug":"weekly-fintech-radar-tinks-id-fresh-funding-and-other-news","status":"publish","type":"post","link":"https:\/\/insights.invyo.io\/europe\/analyses\/weekly-fintech-radar-tinks-id-fresh-funding-and-other-news\/","title":{"rendered":"Weekly Fintech Radar: Tink&#8217;s ID, fresh funding and other news"},"content":{"rendered":"<p><b>Our platform Invyo Analytics daily tracks thousands of start-ups worldwide and allows corporates to automatically monitor market trends and opportunities.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">This week, our tool caught Tink on its radar mainly due to the number of announcements made around the fintech. Here is a wrap up on what is happening right now around Tink:<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><b>Access more data in Fintech<\/b><\/h3>\n<p style=\"text-align: center;\"><span style=\"color: #339966;\"><a style=\"color: #339966;\" href=\"https:\/\/analytics.invyo.io\/subscribe.php#step-1\" class=\"broken_link\"><b>Register here for FREE<\/b><\/a><\/span><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<h3>&#x1f31f; Tink&#8217;s ID<\/h3>\n<figure id=\"attachment_6896\" aria-describedby=\"caption-attachment-6896\" style=\"width: 234px\" class=\"wp-caption alignleft\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-6896\" src=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/06\/TINK.png\" alt=\"\" width=\"234\" height=\"286\" srcset=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/06\/TINK.png 401w, https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/06\/TINK-246x300.png 246w\" sizes=\"(max-width: 234px) 100vw, 234px\" \/><figcaption id=\"caption-attachment-6896\" class=\"wp-caption-text\">Company Profile as seen on Invyo Analytics<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Founded in 2012, Tink allows banks and financial technology startups to access financial data more easily and faster. <\/span><\/p>\n<p>Tink is a cloud-based platform that provides the infrastructure and data products that are enabling the future of financial services.\u00a0This fintech\u00a0is a Paas (platform as a service) whose main activity is focused on B2B side.<\/p>\n<p><span style=\"font-weight: 400;\">Tink provides four types of services: \u201cAccount Aggregation,\u201d \u201cPayment Initiation,\u201d \u201cPersonal Finance Management\u201d and \u201cData Enrichment.\u201d <\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">&#x1f31f; <\/span><span style=\"font-weight: 400;\">Key Numbers<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">\u2192 500,000 app users<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2192 9 European markets<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2192 270 million euro turnover<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2192 20 markets by the end of 2019<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">&#x1f31f; Company Digest<\/span><\/h3>\n<h4><span style=\"font-weight: 400;\">News #1: Fundraising<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">PayPal invests $11.2 million in Swedish fintech startup Tink. The fresh funding will enable Tink to employ more people and enter new European markets. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Indeed, thanks to the fundraising, Tink wants to double its workforce and penetrate ten new markets in Europe. <\/span><\/p>\n<h4><span style=\"font-weight: 400;\">News #2: Mash\u2019s partnership<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Tink and Mash start a partnership. Mash provides consumer lending and payments solutions to customers through proprietary algorithms, machine learning, and automation. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finland-based fintech uses aggregation to make data-driven decisions about customers with Tink\u2019s product. <\/span><\/p>\n<h4><span style=\"font-weight: 400;\">News #3: NatWest<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">NatWest becomes first UK partner for open banking platform Tink. Tink\u2019s Personal Finance Management (PFM) and Data Enrichment products will be incorporated into NatWest\u2019s app in order to personnalise its mobile banking services.<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><strong><span style=\"color: #339966;\">&#x1f381; Discover more about fintech <a style=\"color: #339966;\" href=\"https:\/\/analytics.invyo.io\/login.php\" class=\"broken_link\">HERE<\/a><\/span><\/strong><\/h3>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our platform Invyo Analytics daily tracks thousands of start-ups worldwide and allows corporates to automatically monitor market trends and opportunities. This week, our tool caught Tink on its radar mainly due to the number of announcements made around the fintech. Here is a wrap up on what is happening right now around Tink: Access more [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":6889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[551,2181],"tags":[2226,1770,1297,2227,2195,2100,900,1885,3,1884,1674,1779,2228,2225,935,1279,1201,1278,583,660,2229,614,2194],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekly Fintech Radar: Tink&#039;s ID, fresh funding and other news - INVYO Insights Europe : Media Fintech<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insights.invyo.io\/europe\/analyses\/weekly-fintech-radar-tinks-id-fresh-funding-and-other-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekly Fintech Radar: Tink&#039;s ID, fresh funding and other news - INVYO Insights Europe : Media Fintech\" \/>\n<meta property=\"og:description\" content=\"Our platform Invyo Analytics daily tracks thousands of start-ups worldwide and allows corporates to automatically monitor market trends and opportunities. This week, our tool caught Tink on its radar mainly due to the number of announcements made around the fintech. 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