Bink Fintech Shuts Down Amid Challenges
UK-based loyalty fintech Bink, which linked payment cards to retailer loyalty schemes, has shut down. Previously backed by Barclays and Lloyds Banking Group.
June 11, 2024
Simon Rowles
Founder, CEO
UK Fintech Bink Closes Down
UK based loyalty fintech Bink has closed. The startup linked consumers' payment cards with the loyalty schemes of participating retailers. It was supported financially by Barclays in 2019 with an investment of $10 million and access to its 6 million customers, and by Lloyds Banking Group in 2022.
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