Tink, the Swedish open banking fintech, has acquired Instantor, a credit decisioning solution provider, for an undisclosed amount. The deal follows the completion of its €15.5 million acquisition of Madrid-based aggregator Eurobits in May. “I believe this is a great strategic fit rooted in a shared mission,” says Instantor’s CEO Instantor, Tink’s latest acquisition, works with 150 banks and fintech across 13 European markets. It employees a team of 26. The deal Tink says the acquisition is part of its strategy “to continue to invest in intelligent data-services based on open banking”. Instantor’s credit decisioning software will sit on top…
Tink continues acquisition play with credit decisioning platform Instantor
Tink continues acquisition play with credit decisioning platform Instantor
