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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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