Tink co-founder Daniel Drece explains how the company’s growth to 700 employees across 19 markets made compliance increasingly burdensome and slowed the execution that had been its strength. After selling Tink to Visa for about $2 billion, he invested his own money in Freda, a platform designed to help companies manage their regulatory obligations. He argues that Europe has numerous but predictable rules, whereas the United States relies on a fragmented framework shaped by case law, state legislatures and commercial contracts. Finally, he says artificial intelligence cannot yet replace compliance specialists because its recommendations often lack context and cannot anticipate regulatory or internal changes.
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