Global law firm White & Case LLP has advised Tink on its sale to Visa for €1.7 billion.
"We have advised Tink through its development and rapid growth into one of the largest open banking platforms and fintechs in Europe," said White & Case partner Henrik Wireklint, who co-led the Firm's deal team. "Our pan-European team helped successfully navigate this strategically important transaction for Tink."
Tink is a leading open banking platform provider, which enables banks, fintechs and start-ups to develop data-driven financial services. Through one application programming interface (API), Tink allows customers to access aggregated financial data, initiate payments, enrich transactions and build personal finance management tools. Tink connects to more than 3,400 banks that reach over 250 million bank customers across Europe, and serves more than 300 banks and fintechs in 18 European markets, from its offices in 13 countries.
The White & Case team which advised on the transaction was led by partners Henrik Wireklint (Stockholm) and Hyder Jumabhoy (London) and included partners Nicholas Greenacre, Tim Hickman, Jonathan Rogers, Philip Trillmich, Helen Joseph (all London), Tilman Kuhn (Dusseldorf), Laura Hoyland (Berlin), Carl Hugo Parment, Martin Järvengren (both Stockholm) and Carlos Daroca (Madrid), local partner Mathis Rust (Dusseldorf), counsel Carsten Loesing (Frankfurt) and associates Elin Brännström, Marcus Halling, Carl Runesson, Johanna Wagner (all Stockholm), Mark Richardson, Christian Holbrook, Richard Wilson, Alexander Miles-Dinham (all London), Cristina Caroppo (Dusseldorf) and Mathias Bogusch (Frankfurt).
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