SEB and Tink in new partnership
(Thomson Reuters ONE) -
Through a new partnership with fintech company Tink, SEB's customers will get a
better opportunity to gather, analyse and manage their finances. SEB will at the
same time invest SEK 36 million in Tink AB, thereby becoming the fifth-largest
shareholder.
Tink's technology is included in the first phase of SEB's mobile app for private
individuals in Sweden, and makes it possible for customers to collect and
categorise detailed information about purchases and savings. Within the
framework of the partnership, more functions will be developed.
"Through the partnership with Tink, we will be able to develop even better
digital offerings for our customers. The combination of our integrated offering
and Tink's functionality is a good example of how established banks and fintech
companies can create customer benefits together," says Christoffer Malmer, Co-
head for division Corporate and Private Customers.
"Getting investors with extensive experience, as well as developing partnerships
with traditional banks, is obviously a big step for a company like Tink," says
Daniel Kjellén, founder and CEO of Tink.
The new functionality will be launched in autumn 2016.
The investment is subject to SEB receiving ownership assessment approval from
the Swedish Financial Supervisory Authority, Finansinspektionen.
For further information, please contact
Viveka Hirdman-Ryrberg, Head of Corporate Communications,
Tel: +46 8 763 8577, +46 70 550 3500
viveka.hirdman-ryrberg(at)seb.se
Christoffer Malmer, Co-head of Corporate & Private Customers
Tel: +46 8 763 7050, +46 76 016 0678
christoffer.malmer(at)seb.se
--------------------------------------------------------------------------------
SEB is a leading Nordic financial services group with a strong belief that
entrepreneurial minds and innovative companies are key in creating a better
world. SEB takes a long term perspective and supports its customers in good
times and bad. In Sweden and the Baltic countries, SEB offers financial advice
and a wide range of financial services. In Denmark, Finland, Norway and Germany
the bank's operations have a strong focus on corporate and investment banking
based on a full-service offering to corporate and institutional clients. The
international nature of SEB's business is reflected in its presence in some 20
countries worldwide. At 31 March 2016, the Group's total assets amounted to SEK
2,700 billion while its assets under management totalled SEK 1,637 billion. The
Group has around 15,500 employees. Read more about SEB at www.sebgroup.com
Press release (PDF):
http://hugin.info/1208/R/2013808/746428.pdf
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: SEB via GlobeNewswire
[HUG#2013808]
Unternehmensinformation / Kurzprofil:
Datum: 19.05.2016 - 08:44 Uhr
Sprache: Deutsch
News-ID 472240
Anzahl Zeichen: 3449
contact information:
Town:
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Kategorie:
Business News
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