Settlement Accounts
“Can Tink (now a Visa subsidiary) become the end-to-end open banking infrastructure layer for European merchants — handling not just data and payment initiation but also settlement, reconciliation, and refunds?”
HQStockholm, Sweden
IndustryInfrastructure / Open banking
The story
Tink is an open banking platform (acquired by Visa in 2022) that expanded from data aggregation and account information services into payment initiation and settlement infrastructure. Settlement Accounts represents Tink's move into merchant-facing payment operations tooling, enabling platforms to manage pay-ins, payouts, and reconciliation without building their own banking relationships.
Product timeline
2023
Tink launched Settlement Accounts to simplify real-time bank payments for merchants, providing virtual bank accounts with aggregated settlement, reconciliation, and refund capabilities.· banking
The stack
3 layers disclosed in Settlement Accounts’s embedded-finance stack
Money movement
Banking / BaaS
in the full report
Open banking
in the full report
Accounting gap: minor
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.