Yapily raises $13mn

April 06, 2020 | Open Banking

Written by FinTech Alliance

Yapily raises $13mn

FinTech startup Yapily has raised $13mn in its Series A funding.

In Brief:

  • Yapily offers an open banking API.

  • It allows enterprises (like financial services providers and merchants) to connect to banks.

  • The round was led by Lakestar, which also backs Revolut.

What does this mean?

The business was founded in 2017 by an ex Goldman Sachs employee and aims to make it easier to connect to banks. The company will use its funding to “drive open banking adoption across Europe”.

Read more here.

 

More in Open Banking

HSBC, ING back API FinTech
Open Banking
May 01, 2020

HSBC, ING back API FinTech

Transficc has raised £5.7mn in its Series A round. In Brief: This was led by Albio...

DirectID Are Open Banking Award Winners

Posted By The Community

Open Banking
March 31, 2020

DirectID Are Open Banking Award Winners

DirectID are delighted to announce that they have won the ‘Open Banking product or Service of the Ye...

Written By: DirectID

Barclays pushes forward on open banking
Open Banking
March 12, 2020

Barclays pushes forward on open banking

Barclays is using API infrastructure to introduce new features for customers. In Brief:...

Open Banking
October 31, 2019

Open Banking - Challenging conventional liquidity assumptions and business strategies

Open Banking could have important implications for bank liquidity. Although the size, scale and timi...

Open Banking
October 31, 2019

The Brave New World of Open Banking

What banks can learn from 17th-century Dutch traders: Most market watchers now view Open Banking...

Open Banking
September 27, 2019

Beyond Open Banking Report

The data from the consumer survey clearly shows that there is a real opportunity for banks and finte...

There are no Events in this category