Transaction · Financial Data / Open Banking · 2020

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

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
March 27, 2020
Acquirer
Tink (Strategic)

Sources

  • finsmes.com /2020/11/tink-completes-acquisition-of-eurobits-technologies.html