Tink provides a PSD2‑compliant open‑banking platform that aggregates more than 6,000 European bank connections behind a single RESTful API. The service delivers unified access to account‑to‑account payments, real‑time transaction data, account verification and risk‑signal analytics, allowing fintechs, e‑commerce merchants and credit providers to accelerate onboarding, reduce fraud and scale without managing individual bank integrations.
Funding
$102.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial services and digital commerce companies in Europe must integrate with dozens of heterogeneous banking APIs to enable payments, account verification, and data‑driven risk assessments. The fragmented landscape leads to high integration costs, inconsistent data quality, and limited scalability for real‑time use cases. Consequently, businesses struggle to deliver seamless, compliant, and fast user experiences.
Solution
Tink offers a single, PSD2‑compliant open‑banking platform that aggregates over 6,000 bank connections across Europe behind a unified RESTful API. The platform delivers end‑to‑end payment flows (Pay‑by‑Bank, instant payouts) and a suite of data‑enrichment services—including real‑time transaction streams, account ownership checks, balance verification, and income/expense analytics—to accelerate onboarding, reduce fraud, and improve credit decisioning. All services run on a high‑availability micro‑services architecture with 99.9 %+ uptime and handle more than 1 billion API calls per month, enabling enterprises to scale without managing individual bank integrations. Developers can access sandbox environments, SDKs, and comprehensive documentation to integrate quickly, while built‑in compliance controls ensure secure data handling and regulatory adherence.
Target Audience
Primary customers are fintech platforms, digital banks, e‑commerce merchants, lending and credit‑scoring providers, and wealth‑management apps operating in the European market that require fast, compliant access to banking data and account‑to‑account payment capabilities.
Features
- Unified API gateway exposing >6,000 European bank endpoints via OAuth 2.0 and token‑based authentication
- Pay‑by‑Bank flow that initiates account‑to‑account transfers with instant settlement and reduced transaction fees
- Instant payouts and refunds through direct debit and ACH‑style mechanisms, supporting real‑time cash‑out experiences
- Real‑time transaction aggregation and normalization, delivered in a standardized JSON schema for analytics and reporting
- Account Check and Business Account Check services that verify ownership and retrieve account metadata in milliseconds
- Risk Signals suite (balance check, income check, expense categorisation, credit‑worthiness insights) powered by machine‑learning models on live banking data
- Data Enrichment APIs that augment consumer profiles with verified financial attributes for personalized product offers
- Developer‑friendly SDKs (Java, Node, Python) and sandbox environment to accelerate integration and testing