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Tink Germany
Description
FinTecSystems (FTS) was founded in Munich in 2014 and is one of the leading banking API and smart data providers in Germany. Alongside the Open Banking platform that the company uses to provide Account Information and Payment Initiation Services, FinTecSystems has primarily focussed on the analysis of financial data through an analytics platform. Banks, FinTechs and payment service providers use its solutions to make real-time loan decisions, minimize credit risks and initiate online transfers. In March 2019, TÜV-certified FinTecSystems received BaFin authorization as an Account Information and Payment Initiation Service Provider. With 40 staff across five locations, FTS partners include N26, Santander, DKB and Deutsche Handelsbank.
Sold to Tink in May 2021 for about 120 Mill. €. New name: Tink Germany
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Company Details
Legal name
FinTecSystems GmbH
Company registration
Amtsgericht München HRB 210653
Founded in
2014
Acquired in
2021
Employees
56
News
Financing Rounds
Financing rounds currency
Euros €
Last financing round
2020
Capital raised last round in millions
0.5
Total capital raised in millions
5
Financials
Financial reporting currency
Euros €
Last financial year reported
2021
Revenues 2021 in millions
16.7
EBIT 2021 in millions
0.1
Contact Information
Website
Address
Gottfried-Keller-Straße 33, 81245 München
Location
Gottfried-Keller-Straße 33, 81245 München
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