Tink Seeks Open Banking Growth With Acquisition Of UK's OpenWrks
PYMNTS
SEPTEMBER 21, 2020
The release added that the deal “strengthens Tink’s connectivity coverage and solidifies its market-leading position in the U.K.” is a key market” for Tink, said Rafa Plantier , the company’s U.K. and Ireland country manager. PayPal’s first investment in Tink , in June of 2019, totaled $11.2 million.
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