Global banking-as-a-service business OpenPayd has partnered with open banking platform Yapily.
In Brief:
FinTech Alliance company OpenPayd has partnered with Yapily to deliver payments solutions.
Yapily’s open banking platform will be integrated into OpenPayd’s embedded finance offering.
Through an API, the firms will bring banking and payments services together for their customers.
What does this mean?
Embedded finance and open banking solutions are on the rise, and the businesses OpenPayd serves will be able to take advantage of this by using instant account to account payments. Since it’s embedded, this can all happen behind the scenes with the company’s own branding.
