Visa to buy Swedish fintech Tink for $2.1 billion after abandoning Plaid takeover

Finance

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Visa Inc. credit and debit cards are arranged for a photograph in Washington, D.C., U.S., on Monday, April 22, 2019.
Andrew Harrer | Bloomberg | Getty Images

LONDON — Visa has agreed to acquire Swedish financial technology start-up Tink for 1.8 billion euros ($2.1 billion).

The deal comes after the payment giant’s bid to buy American fintech firm Plaid was torpedoed by U.S. regulators.

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