Tink, a Swedish FinTech and Open Banking SaaS provider, agreed to acquire FinTecSystems, a German Open Banking SaaS provider. Financial terms were not disclosed. “Germany is a key market for Tink, and we are excited to have acquired an innovative leader with a strong reputation for the quality of its bank connectivity and payments services. We have followed FinTecSystems for many years and are impressed by what they have achieved. Through this acquisition, we are taking a big step into the DACH region, and we look forward to supporting the FinTecSystems’ team to further accelerate their growth,” Daniel Kjellén, Tink Co-Founder and CEO.