I sold to Visa for $2 billion. I could be on a beach right now, but I’m risking my own money to solve the problem that held my first company back
Fortune Daniel Kjellén
Opinion — commentary, not a factual news event.
The author sold Tink to Visa for $2 billion and later used that exit to fund a new platform, Freda, aimed at handling compliance problems they say slowed their company down. The article says Tink reached 700 people and operated across 19 markets before the compliance workload increasingly expanded. As a result, the author is backing AI to help founders manage nuanced, fast-changing compliance demands rather than relying on document-based or chatbot approaches.
Why it matters
Listen to European founders talk over dinner after a few glasses of wine, and you’d think the U.S. is a gung-ho frontier. The reality is different.
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