Nordnet invests in the Swedish fintech company Tink and acquires a license to use the company’s technology. Nordnet now aims to be the first bank in the Nordic region to offer customers to view their total holdings in stocks and funds on Nordnet’s platform, regardless of which bank their holdings are kept at.
During the last months, Nordnet has launched a robo-advice service and the possibility to transfer money to Nordnet accounts through the Swedish application Swish. The partnership with Tink includes an investment through Nordnet Ventures, which is Nordnet’s company for fintech investments.
“Tink is the first investment we are doing within Nordnet Ventures. We see it as a strategic initiative that supports our ambition to create the world’s best customer experience in savings and investments. Of course we also believe that Tink will be a good financial investment in itself, even if it is not the main reason for our interest in the company,” says Peter Dahlgren, CEO of Nordnet.
Peter Dahlgren (CEO of Nordnet) and Daniel Kjellén (CEO of Tink)