Transaction · Financial Data / Open Banking · 2020

Tink / Eurobits 2020

Tink acquired Eurobits on December 11, 2020.

Target
Eurobits
Acquirer
Tink
Announced
December 11, 2020
Sub-sector
Financial Data / Open Banking

Transaction overview

  • Tink announced the acquisition of Eurobits on December 11, 2020.

Strategic rationale

Spanish account aggregation provider acquisition to significantly increase Tink's bank connectivity across Europe.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 11, 2020
Acquirer
Tink (Strategic)

Sources

  • crowdfundinsider.com /2020/12/170162-open-banking-platform-tink-secures-e85-million-through-latest-investment-round-co-led-by-eurozea-growth-dawn-capital/