Tink, a Stockholm-based open banking platform, said it has expanded its European presence with entries into Portugal and Italy as well as opening a new office in Madrid, Spain.

Tink officials said the Portugal launch follows a September agreement with Caixa Geral de Depositos, which launched a consumer banking app called Dabox, which includes aggregation, payment initiation, data enrichment and personal financial management technology from the Tink platform. 

"Our latest rollout across Spain, Portugal and Italy strengthen's our position as Europe's leading open banking platform," Daniel Kjellen, CEO of Tink, said in a company release. "In 2020, we hope to complete our pan-European coverage, propelling the development of customer centric financial services and deliver the technology that makes it possible."

Tink named Beatriz Giminez, a former director of new business at BBVA, as country manager for Portugal and Spain, based in Madrid. Tink also named Marie Johansson as country manager of Italy, based in its new Italian headquarters office in Milan.