The team at Yapily reveals that their founder and CEO, Stefano Vaccino, has become the newest member of Fintech Founders, which is a network of the United Kingdom’s Fintech entrepreneurs offering an opportunity for “better collaboration with government, regulators, and other influencers across the financial services landscape.”
From stimulating policy ideas to hosting guest speakers at senior levels in government and business, the network “represents the voice of founders within the fintech sector and seeks to provide an independent and honest view on the challenges and issues the industry faces.”
Since becoming a member, Stefano has reportedly attended a Fintech Founders event held at the Houses of Parliament and “signed an industry letter addressed to the Treasury Select Committee in response to Anne Boden’s comments on the success of open banking.”
Stefano remarked:
“I founded Yapily with a vision of solving financial inclusion using seamless API connectivity. As part of the Fintech Founders network, together we are able to accelerate the UK’s innovation agenda in order to bring better and fairer financial services to businesses, merchants, and consumers in the UK and beyond.”
Meeting with Chancellor Rishi Sunak to discuss support for high growth Fintech in the UK and around the world last week “highlights the potential of what can be achieved when fintech founders come together.”
Stefano added:
“There’s a long way to go and a lot of work to do, but let’s remember that open banking is a nascent industry with unlimited potential. Its success should not be measured by account switching, but by the growth of the open banking ecosystem since the inception of PSD2 four years ago. I look forward to collaborating with other fintech founders to continue driving this growth and pushing the boundaries of fintech innovation.”
Fintech Founders has more than 50 industry members, including founders of Credit Kudos, Koodoo, and LendInvest.