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.
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”.
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
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