Tink Partners with NatWest to Power Open Banking in Mobile App
Tink, a European open banking platform, announced a partnership with NatWest to embed open banking capabilities directly into NatWest's mobile banking app. Under the deal, Tink provides account aggregation, payment initiation, personal finance management tools, and data enrichment services. NatWest customers gain the ability to view accounts and transactions held across multiple financial providers within a single app interface, receiving personalized insights based on aggregated data.
The partnership reflects the growing adoption of PSD2-driven open banking across Europe, with major banks seeking fintech partners to enhance their digital offerings. Tink contributes its API-based connectivity platform while NatWest provides the customer base and banking infrastructure. The integration positions NatWest as a forward-looking incumbent leveraging embedded finance capabilities to improve customer engagement and retention.
- Demonstrates major UK banks embracing fintech partnerships for open banking capabilities rather than building in-house
- Validates the open banking aggregation model as a stepping stone toward broader embedded finance in European markets