Fintech Startup Tink Raises $10M in Series B Venture Capital Funding

tinkTink, a Stockholm, Sweden-based fintech startup, raised $10m in Series B venture capital funding.

Backers included Creades and SEB Venture Capital, the venture capital arm of Nordic financial services group SEB.

The company will use the funds to continue to expand operations.

Founded in 2012 by Daniel Kjellén and Fredrik Hedberg, Tink provides an app that allows people to gather, analyze and manage their finances.
Tink’s technology is included in SEB’s mobile app for private individuals in Sweden, which makes it possible for customers to collect and categorize detailed information about purchases and savings. Within the framework of this new partnership, more functions will be now developed and launched in Autumn 2016.

The company, which currently has 10 employees, is continuing to hire people.



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