Tink / Eurobits Technologies 2020
Tink acquired Eurobits Technologies on March 27, 2020.
- Target
- Eurobits Technologies
- Acquirer
- Tink
- Announced
- March 27, 2020
- Sub-sector
- Financial Data / Open Banking
Transaction overview
- Tink announced the acquisition of Eurobits Technologies on March 27, 2020.
Strategic rationale
Expand bank connectivity and financial data coverage in Europe and Latin America via acquisition of Spanish account aggregation platform with 54 employees and established banking customer base.
Deal terms & multiples
Sources
- finsmes.com /2020/11/tink-completes-acquisition-of-eurobits-technologies.html