Tagged: yapily

OBIE Says Open Banking is Delivering Benefits to Small Businesses

Last week, the OBIE (Open Banking Implementation Entity) published an Impact Report that indicates open banking is delivering significant benefits to small business. The OBIE report pointed to cloud accounting services stating that 75% of users started using the service no more than three years ago,… Read More

UK: 6 Million Users for Open Banking

Recently the Open Banking Implementation Entity (OBIE) reported that there were a record number of API calls in May of over 1 billion along with 6 million users and 5 million open banking payments. The OBIE noted that 64% of UK consumers claim their level… Read More

Open Banking: Yapily and OpenPayd Partner on Payments

OpenPayd, a banking as a service (BaaS) provider, and Yapily have announced a partnership to deliver payment solutions for businesses in the UK and across Europe.  According to the two companies, Yapily’s open banking platform will be incorporated into OpenPayd’s embedded finance offering, creating a… Read More

Open Banking Provider Yapily Partners with B2B BNPL Startup Two

Yapily has partnered with B2B buy now – pay later (BNPL) provider Two, according to a statement from the company. Yapily, an Open Banking provider, explains that when a business chooses to pay with Two online using Yapily Data, Two can instantly retrieve the buyer’s… Read More

Open Banking Implementation Committee (OBIE) Appoints Theresa Casey as General Counsel

The United Kingdom’s Open Banking Implementation Entity (OBIE) has reportedly appointed Theresa Casey as the General Counsel, after the departure of Selene Brett to Yapily. Casey, who had served as general counsel and company secretary at online retailer N Brown Group, will now be joining… Read More

UK’s Competition and Markets Authority Offers Clarification on Definition of VRPs for Sweeping

The United Kingdom’s Competition and Markets Authority has clarified what may and may not be used for when it is introduced later in 2022. The CMA mandated the use of Variable Recurring Payments (VRPs) as the mechanism for implementing Sweeping – which is described as… Read More

UK Fintech Leaders Publish Open Letter Calling for More Innovation Support on Anniversary of Kalifa Review

On the one-year anniversary of the Kalifa Review of Fintech, 70 Fintech leaders have published an open letter in support of the industry demanding the UK government do more to promote and support innovative financial services. The Kalifa Review was designed to be a roadmap… Read More

Stefano Vaccino Joins Fintech Founders Network to Support UK Fintech Agenda

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… Read More

Yapily Says Open Banking Top Priority for UK Banks

Open banking infrastructure provider Yapily says that open banking is a top priority for UK banks. According to Yapily’s research, UK banks continue to invest in open banking and API response times in the UK, by the top 10 traditional banks, have improved response speeds… Read More

European VC Sapphire Ventures Shifts Staff Before Busy 2022

European VC firm Sapphire Ventures will significantly expand its European investment activities over the coming year, the company said this week. As part of this expansion, which follows the opening of the firm’s first European office last year, Sapphire promoted Annalise Dragic, currently a principal,… Read More

Open Banking Platform Yapily Launches in Spain

Yapily, an open banking platform, has expanded into Spain, according to a company statement. Yapily notes that it already can cover over 95% of Spanish bank accounts, both retail and commercial, at 52 banks. Yapily recently raised $51 milion in Series-B funding and said it… Read More

Open Banking Firm Yapily Enters French Market

Following a $51 million Series B funding round, open banking provider Yapily has announced its expansion into France. Yapily says it has already developed considerable capabilities in the French market. With 100% PSD2 connectivity, Yapily covers more than 85% of French bank accounts, enabling banks,… Read More

Open Banking: Yapily Hires New Chief Product Officer

Open banking platform Yapily has hired Roland Selmer as Chief Product Officer (CPO), according to a note from company. Yapily shares that Selmer brings deep experience in building API first products at organisations operating in highly regulated markets. Prior to joining Yapily, Selmer was Senior… Read More

Open Finance: Yapily Raises $51 Million in Round Led by Sapphire Ventures

Yapily, an open banking infrastructure provider, has raised $51 million in a Series B funding round led by Sapphire Ventures. Existing investors Lakestar, HV Capital, and Latitude participated in the round as well. Yapily says the investment will enable it to expand its operations across… Read More

The UK leads Open Banking adoption in Europe: Yapily study

The UK has emerged as the leading adopter of Open Banking, with it’s clear functionality and widespread mandating of interesting features, such as bulk payments and variable recurring payments, as per new data released by Open Bank firm Yapily. The UK was followed by countries… Read More

Open bank Yapily to offer bulk payments for SMEs, to expand services in Germany soon

London-based Yapily, a leading Open Banking infrastructure provider, has launched a new bulk payments service in the UK market. Yapily has started the service by going live with Comma, an SME payments platform in that country.    Yapily claims to have simplified the complex process of bulk payments… Read More

Open Banking Firm Yapily Hires Former Stripe/Google Executive as CCO

Open banking firm Yapily has hired Iain McDougall as Chief Commercial Officer (CCO) in a move to boost its presence across Europe. McDougal previously worked for both Stripe and Google. While at Stripe, McDougall was Country Manager and Executive Director where he led the UK and… Read More

UK based Fintech Yapily Announces New Office in Vilnius, Looks to Expand Open Banking Services Across Europe

Open banking Fintech Yapily, a London-based startup, will open an office in Vilnius, Lithuania, the company’s third European office. Yapily notes that it joins a number of UK Fintechs including Revolut, Curve, and Square that have operations in Lithuania. The company says it will hire… Read More

Yapily Appoints Martin Threadkall As New COO to Lead European Expansion & Supercharge Growth

Yapily, a UK-based open banking infrastructure provider, announced on Tuesday it has appointed Martin Threadkall as its new COO. According to Yapily, Threadkall brings more than a decade of growing payment startup and scale-up businesses expertise. Prior to joining Yapily, Threadkall was notably the Co-Founder… Read More

Yapily Announces Expansion of Operations & Launches in Germany

Yapily, a UK-based open banking infrastructure provider, announced earlier this week it has expanded and launched in Germany as it turns its attention to drive open banking adoption for organizations throughout Europe. As previously reported, Yapily is an enterprise connectivity platform that enables companies to… Read More

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