Snoop renews its open banking partnership with Visa’s Tink

Financial management app Snoop has extended its partnership with Tink, after becoming a customer of the open banking provider in 2020 when it acquired OpenWrks.

Snoop relies on Tink to offer personalised insights into how its customers can cut their bills, grow their savings and pay off debt.

“Our aim is for Snoop to be an essential resource for everyone looking to navigate these turbulent times,” said John Natalizia,Snoop’s CEO and co-founder, on news of the extended partnership.

“Working together with Tink means we can provide contextual money-saving insights and deliver a personalised, fast and accurate customer experience.”

Earlier this summer Snoop passed 1 million customers, and started the year by expanding into the employee benefits market.

Tink is having a similarly successful year, following its €1.8bn acquisition by Visa the company has signed a raft of high-profile partnerships including with payments giant Adyen and neobank Revolut.

Snoop was founded in 2020 by former Virgin Money boss Dame Jayne-Anne Gadhia, and claims to be able to help consumers save up to £1,500 per year just by using open banking to look at their outgoings and seeing where they can save and find cheaper deals.