5 years ago

Yapily Secures $13 Million Series A to Expand Open Banking Platform

  • Open banking fintech Yapily has raised $13 million in a Series A funding round led by Lakestar

  • The investment will be used to drive open banking adoption across Europe

  • Yapily provides a connectivity platform that enhances customer experiences and creates financial opportunities

  • The company has experienced significant growth, with a 500% increase in monthly recurring revenue and quadrupled headcount

  • They have also expanded into new markets including Italy, Ireland, and France.

      • ProblemTechnology

      "Businesses need reliable and secure access to financial data to build innovative financial products and services."

      Solution

      "Yapily provides an API platform that connects businesses to financial institutions, enabling them to access financial data and build innovative financial products and services."

      Covered on