New Connectivity with Tink
Integrate Your Ledger with the Tink Connector
Get connected to banks in France, the United Kingdom, Germany, the Netherlands, Ireland, and Portugal for automated reconciliation and real-time data synchronization
Integrate Your Ledger with the Tink Connector
Get connected to banks in France, the United Kingdom, Germany, the Netherlands, Ireland, and Portugal for automated reconciliation and real-time data synchronization
Today we’re announcing a strategic partnership with Tink, a European leader in Open Banking and a Visa solution provider. This new connector allows you to securely connect to your bank transaction data, allowing for the automation of bank reconciliation processes. Leveraging Tink’s extensive and robust network of banking connections, Formance gains real-time, unified access to professional bank account transaction data.
The Tink Connector is available to Formance customers connecting to banks in France, the United Kingdom, Germany, the Netherlands, Ireland, and Portugal, with a broader rollout across Europe planned at a later stage.
— Clément Salaün, CTO and Co-Founder at Formance.
With greater visibility into a company’s finances through the Formance platform, businesses can make better financial decisions. Formance now automates its accounting services with the support of Tink, by processing large volumes of standardized banking data from multiple professional accounts.
By integrating with Tink, Formance is transforming transaction reconciliation and strengthening the consolidated view each client has of their overall financial position. The resulting time and cost savings for businesses will have a meaningful impact on their day-to-day operations.
— Mathieu Péré, Commercial Director at Tink France
The Tink Connector is available immediately to Formance customers globally. For more information about the Tink Connector and how it integrates with Formance’s programmable finance platform, visit the Formance docs.
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.