Visa Closes Acquisition of Tink

Visa (NYSE: V) completed its acquisition of Tink, a Stockholm, Sweden-based open banking platform that enables financial institutions, fintechs and merchants to build financial products and services and move money. The amount of the deal was 1.8 billion Euros, inclusive of cash and retention incentives. The transaction was announced in June 2021. Founded in 2012 in Stockholm … Continue reading Visa Closes Acquisition of Tink