Cirio advises Tink on EUR 85 Million investment round

Cirio acted as legal advisor to Tink AB (“Tink”) in its EUR 85 million investment round, which will allow Tink to accelerate its growth plans and expand payment initiation in Europe. The investment round was co-led by a new investor, European growth equity player Eurazeo Growth, and current investor, London-based B2B software venture capital firm Dawn Capital. Existing investors PayPal Ventures, HMI Capital, Heartcore, ABN AMRO Ventures, Poste Italiane and BNP Paribas’ venture arm, Opera Tech Ventures, increased their investments in Tink.

Tink is Europe’s leading open banking platform that enables banks, fintechs and startups to develop data-driven financial services. Through one 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.

Cirio’s team consisted mainly of Anders Moberg (Partner, M&A), Johanna Permatz (Associate, M&A) and Niklas Sinander (Managing Associate, Financial Regulatory Services).

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