On July 6, 2020, Flinks completed its $11 million Series A financing round led by NAventures. The funding will be used to grow the company in data connectivity and digitization in the financial services industry. The Series A financing round follows a debt financing of $5.2 million from Flink’s longstanding partner, National Bank. The combined funding will enable Flinks to advance innovation in the financial services industry and continue its geographic expansion.
Flinks is a data firm specializing in connecting users with financial services by allowing businesses to connect users’ bank accounts, enrich their data and use it to provide better products.
NAventures is the corporate venture capital arm of National Bank of Canada, focused on equity investments in startups and growing businesses that seek to shape the future of financial institutions.
Osler, Hoskin & Harcourt LLP advised Flinks with a team consisting of Shahir Guindi, Natasha Gould, Véronique Fortin-Latreille (Corporate) and Alain Fournier (Taxation).