PayPal invests $11.2m in Swedish open banking platform Tink

Online payments giant PayPal is a strategic investor in Stockholm-based open banking platform Tink, the companies announced today. A spokesperson for Tink told Bank Innovation that PayPal's €10 million ($11.2 million) investment is part of the company's previously announced €56 million ($62.9 million) Series D funding round, led by New York-based venture capital firm Insight ...Read More

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