Poste Italiane, PayPal, ABN Amro and BNP Paribas all took part in a round valuing the open banking software provider at $825m.

Sweden-based banking software produce Tink completed a €85m ($103m) on Friday featuring postal service Poste Italiane and subsidiaries of digital payment processor PayPal and financial services firms ABN Amro and BNP Paribas.

Growth equity firm Eurazeo Growth and venture capital firm Dawn Capital co-led the round, which included HMI Capital and Heartcore and which valued Tink at about $825m according to TechCrunch.

PayPal, ABN Amro and BNP Paribas participated in the round through their PayPal Ventures, ABN Amro Ventures and…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.