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.
- The deal is expected to close pending customary conditions.
Strategic rationale
Spanish account aggregation provider acquisition to significantly increase Tink's bank connectivity across Europe.
Deal terms & multiples
Frequently asked questions
When did Tink announce the acquisition of Eurobits?
Tink announced the acquisition of Eurobits on December 11, 2020.
What sub-sector is Eurobits in?
Eurobits is tracked in the Financial Data / Open Banking sub-sector.
Sources
- crowdfundinsider.com /2020/12/170162-open-banking-platform-tink-secures-e85-million-through-latest-investment-round-co-led-by-eurozea-growth-dawn-capital/