Tink

What Tink is

Tink is an open banking platform for businesses that need payment services or financial data enrichment. Its API connects to European banks and financial institutions, with the platform reporting connections to more than 3,000 across Europe. Listed uses include customer onboarding, account top-ups, invoice settlement, ecommerce, income and affordability assessment, risk decisioning, and consumer engagement. Tink Payments lets end users authenticate and initiate bank payments and transfers. Data Enrichment categorises transactions, detects recurring transactions, and forecasts upcoming activity. Risk Signals checks account data, live balances, transaction history, and payment velocity to help monitor account-to-account payment risk.

Developers can work through a single API integration, SDKs, guides, API references, and sample projects. Supported data includes current and savings accounts, credit cards, investments, pensions, loans, mortgages, identity, and transaction data. Connections use a REST API, Tink Link SDK, or PSD2 bank APIs. A free account provides a sandbox with test data. Tink was founded in 2012 and is headquartered in Stockholm, Sweden; it says it serves 19 European markets and operates from 13 offices. Pricing is on request. Tink states that its systems meet SOC 2 Type II Security and Availability criteria, and customers can use ready-made authentication flows under Tink’s PSD2 license.

Who it suits

Tink suits businesses building financial data or bank payment services into customer onboarding, ecommerce, account top-ups, or risk decisioning. It also fits development teams that want bank connectivity through an API, SDK, or PSD2 bank APIs.

Limits

The free account is a sandbox with test data. Tink says it provides four background data refreshes every 24 hours. The Standard plan excludes guaranteed support response and resolution times.

Getting started

1. Open tink.com and create a free account to access the sandbox.
2. Try Tink products in the sandbox with test data.
3. Choose a connection route: REST API, Tink Link SDK, or PSD2 bank APIs.
4. Review the developer guides, API references, SDKs, and sample projects.
5. Contact Tink about an Enterprise account for a tailored offering and custom pricing.

Verdict

Choose Tink if your business needs European bank connectivity for payments, enriched financial data, or account-to-account risk checks. Its free sandbox can help teams explore products with test data. Businesses that need guaranteed support response and resolution times should consider the Enterprise plan, whose pricing is custom.