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Who is the owner of Flinks?

Published in Company Ownership 1 min read

Flinks is owned by National Bank.

Flinks, a prominent Canadian financial technology company specializing in open banking solutions and data aggregation, was acquired by National Bank in 2021. This strategic acquisition integrated Flinks' advanced platform into the operations of one of Canada's largest financial institutions.

Prior to this acquisition, Flinks had demonstrated significant growth and attracted substantial investment, successfully raising a total of $19 million in funding. This capital supported its development as a key innovator in the fintech sector before it became a part of National Bank's ecosystem.

Overview of Flinks' Ownership

The acquisition by National Bank positioned Flinks to continue its mission within a larger financial framework. As a result, Flinks now operates as a wholly-owned subsidiary, contributing its expertise in financial data and digital solutions to National Bank's strategic initiatives.

Here's a quick summary:

Aspect Detail
Current Owner National Bank
Acquisition Year 2021
Flinks' Pre-Acquisition Funding Total of $19 million raised

This integration allows National Bank to leverage Flinks' technological capabilities to enhance its digital offerings, improve customer experience, and maintain a competitive edge in the rapidly evolving financial services industry.