Tink Raises $90M in Series D

Tink has successfully raised $90M in a Series D at a $950M valuation led by Eurazeo Growth.

Company Overview

Tink is a Fintech company headquartered in Stockholm, Sweden, founded in 2012 with 300+ employees.

Open banking platform

Fundraising Details

Amount Raised: $90M
Round Type: Series D
Valuation: $950M
Date: 2024-11-27
Investors: Eurazeo Growth

About Tink

Open banking platform The company is positioned in the Fintech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Stockholm, Sweden
Founded: 2012
Team Size: 300+
Industry: Fintech

What This Means

This funding round demonstrates strong investor confidence in Tink's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Fintech sector continues to attract significant investment as companies innovate to meet evolving market demands. Tink's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $950M valuation marks an important milestone for Tink, positioning the company among notable players in the Fintech industry.

Looking Ahead

With this new capital, Tink is well-positioned to execute on its growth strategy and continue building innovative solutions in the Fintech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-11-27. For more information about Tink, visit their headquarters at Stockholm, Sweden.