Visa completed the acquisition of Tink, a European open banking platform, from PayPal, a technology platform company, for $2.1bn. “Visa is committed to doing all we can to foster innovation and empower consumers in support of Europe’s open banking goals. By bringing together Visa’s network of networks and Tink’s open banking capabilities we will deliver increased value to European consumers and businesses with tools to make their financial lives more simple, reliable and secure," Al Kelly, Visa CEO and Chairman.