Mergers & Acquisitions Mergers & Acquisitions

Visa wins German approval for EUR1.8 billion Tink deal

By Andrew Boyce
  • 17 Aug 2021 05:52
  • 20 Aug 2021 07:03
Visa’s acquisition of open-banking startup Tink has been approved by Germany’s competition regulator.

The Bundeskartellamt cleared the 1.8 billion-euro ($2.1 billion) acquisition on Friday, according to an update on its website today.

Tink, a Swedish company founded in 2012, allows banks, fintech companies and merchants to build customized tools for customers based on their

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Andrew Boyce

Correspondent


Andrew is a reporter covering merger reviews and competition policy for MLex in Brussels. He joined MLex in 2015 and holds a degree and a master’s degree in history from the University of Liverpool.

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