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BNP Paribas partners European open banking platform?

Besides the existing partnership with the Belgic retail network of BNP Paribas, Tink starts collaborating with its Italian retail network, Banca Nazionale del Lavoro (BNL)

BNP?Paribas and Tink

BNP Paribas partners European open banking platform. Source: shutterstock.com

BNP Paribas announced its partnership with Tink, the open banking platform, to extend their operations in Europe. BNL will be implementing Tink’s solutions for account aggregation, payment initiation, and personal finance management. BNP Paribas’ venture capital arm, Opera Tech Ventures, supported this strategic partnership with a minority investment in Tink.

We position ourselves as the trusted financial companion of our customers, so that we anticipate their needs, help them understand their situation, provide them with options and implement solutions on a daily basis and at critical moments. Tink’s solutions provide value-added services to enhance our customers’ personal financial management. We are thrilled to develop this strategic partnership with Tink on a European level
Sophie Heller, COO Retail Banking & Services, BNP Paribas

Since its launch in Sweden in 2012, Tink has been enabling banks, fintechs and startups to develop data-driven financial services. For now, the open banking platform has more than 270 employees worldwide and allows customers to connect to more than 2,500 banks that reach over 250 million bank customers across Europe.

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