Flinks Receives $103M Investment from The National Bank of Canada

The National Bank of Canada announced a $103 million investment in Flinks, a rapidly growing financial data connectivity and analytics provider. The investment includes $30 million in growth capital, which accelerates the company’s expansion activities in North America.

Flinks has recently launched in the United States with great success. The company is growing at a fast pace and is planning to double its employees in response to the expanding customer base of innovative fintechs, asset managers, credit unions, and banks. The investment will allow Flinks to develop and provide the best tools that facilitate and drive innovation with financial data in North America. The company also continues to collect better, more actionable data to enhance its offerings in analytics and data enrichment.

“Leveraging financial data still today requires technical know-how,” said Yves-Gabriel Leboeuf, Flinks’ CEO. “We want to empower service providers of all sizes to drive positive outcomes for their customers, using financial data. That’s why Flinks has been developing a leading data enrichment and connectivity platform. With this investment, we have the financial backing, expertise, and network to make it ever more easy and efficient to use financial data.”

“Flinks is strategically positioned at a key moment in the evolution of customer experiences. The combination of talent and data technology solutions that Flinks boasts put them in a good position to capture the opportunities offered by a high-growth marketplace in North America”, stated Louis Vachon, president and CEO at National Bank of Canada.

Flinks is already being trusted by numerous fintech firms and used by millions of consumers each year in North America. Flinks allows companies to deliver quality services and products, continuously enriching the data collection.