Tink to acquire Eurobits Technologies for €15.5m.

Tink, which develops a mobile application to track personal finances, agreed to acquire Eurobits Technologies, the European pioneer and leader in account aggregation services, for €15.5m ($18m). The acquisition of Eurobits is a big step for Tink in continued expansion across Europe, and a complement to our organic growth strategy to enhance our platform, increase connectivity and expand product offering - extending the reach of Tink’s open banking platform to 17 markets, predominantly in Europe and in Latin America.