Nordea announced a licence agreement with Swedish fintech Tink today to bring our customers an even better mobile banking experience. During 2018 the Tink functionalities will gradually be released in our mobile applications. Nordea has also invested in Tink.
The Tink solution will improve the mobile banking experience for our customers, making daily banking even more easy and convenient. Customers will be able to better understand what they spend their money on and how that changes over time and will be able to set budgets and get notifications to keep track of these budgets. They will also be able to check their account balances and holdings in other banks – by using their Nordea mobile banking app. They will simply have better and more relevant information at their hands.
“Tink is a very unique financial aggregator. The company found an easy way to visualize and keep up to speed with all financial transactions. At Nordea, we always aim to offer our customers the best possible digital user experience. Through this partnership, we take a huge leap in realising our ambition,” says Topi Manner, Head of Personal Banking at Nordea.
Reaping the benefits of the partnership
During 2018 Nordea will gradually release the Tink functionalities in the Nordea mobile applications. The functionalities will be made available in all the Nordic countries.
“Over the coming years, regulations such as PSD2 will change the financial services industry. The Tink partnership will make us better prepared to meet those changes,” says Topi Manner.
“We see today’s announcement as evidence of a new generation of bank and Fintech partnerships. By working together, we are paving the way for a new era of banking in Europe – unlocking the market to create greater choice and a better deal for consumers,” says Daniel Kjellén, co-founder and CEO, Tink.
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