Tech Company Financing Transactions
Tink Funding Round
On 5/20/2016, Tink raised $10 million in Series B funding from Creades AB, SEB Private Equity and private investors.
Transaction Overview
Company Name
Announced On
5/20/2016
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Creades AB (Lead Investor)
SEB Private Equity (Lead Investor)
Proceeds Purpose
The new capital will be used to help the startup expand internationally and, by taking advantage of new European banking technical standards, evolve its product beyond a 'read only' personal finance app to something Tink CEO Daniel Kjellén is calling a virtual bank.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Drottninggatan 94
Stockholm, 11136
Sweden
Stockholm, 11136
Sweden
Phone
Website
Email Address
Overview
We are Tink, a fintech start-up! The Tink app is a smart, fun and simple way of keeping track of your money! The company was founded in 2012 by Daniel Kjellén and Fredrik Hedberg, the Chairman of the Board is Nicklas Storåkers.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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