6 years ago
Yapily Raises €4.8 Million to Revolutionize Financial Data and Payments with Single API
London-based fintech Yapily has raised €4.8 million in seed funding to develop its API platform, which connects businesses with banks
The funding will help expand the company's tech and sales teams.
ProblemTechnology Infrastructure
"Connecting businesses with banks is a complex and time-consuming process, requiring businesses to build and maintain hundreds of APIs. This makes it difficult for businesses to access financial data and initiate payments, especially for small businesses."
Solution
"Yapily provides a single API that connects businesses to all retail banks' open APIs, allowing them to retrieve financial data and initiate payments easily. This simplifies the process for businesses and makes it easier for them to access financial services."