17.9 C
June 29, 2022
Finance Technologies

Tink snaps up UK rival OpenWrks’ aggregation platform

Tink, the Swedish open banking fintech, is on an acquisition roll as it snaps up yet another of its international rivals’ offerings. This time it has bought the aggregation platform created by OpenWrks, a UK-based aggregation platform which recently landed a deal with the country’s government. The terms of the deal were undisclosed. FinTech Futures approached Tink for comment on how much of OpenWrks will be left following the deal, which sees OpenWrks bring more than 3,000 bank connections into Tink’s ecosystem. “OpenWrks retains complete ownership of its business and applications outside of the aggregation platform,” Tink tells FinTech Futures.…
Tink snaps up UK rival OpenWrks’ aggregation platform

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