Poste Italiane and existing investors ABN Amro and BNP Paribas took part in a $98.1m round for open-banking software provider Tink, which is now valued at almost $460m.
Sweden-based open-banking technology developer Tink has raised €90m ($98.1m) in funding from a consortium featuring postal service and financial services provider Poste Italiane, TechCrunch reported on Sunday.
Venture capital fund Dawn Capital, investment firm HMI Capital and VC firm Insight Partners co-led the round, which included ABN Amro Ventures and Opera Tech Ventures, on behalf of financial services firms ABN Amro and BNP Paribas, and VC firm Heartcore Capital. It valued Tink at $452m.
Founded in 2012, Tink initially launched…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
