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Visa Buys Swedish Fintech Tink

Following Visa’s recent abandonment of its acquisition of Plaid, an American fintech, due to concerns from US regulators, the company has agreed to purchase Swedish fintech startup Tink for 1.8 million euros. Tink was founded in Stockholm by Swedish entrepreneurs Daniel Kjellén and Fredrik Hedberg in 2012. Banks and financial startups use Tink’s services to …

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Mastercard Attempts to Jump on Early Fintech Trends

Mastercard was one of the first companies to release statements after Tesla CEO Elon Musk made waves earlier this year by purchasing nearly €1.2 billion worth of bitcoin and announced that Tesla will soon start accepting it as a payment method among traditional ones. While Musk’s announcement seemed to be open to most cryptos, Mastercard …

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