4 years ago

Open Banking Fintech Yapily Raises $51M Series B to Expand Across Europe

  • UK-based open banking fintech Yapily has raised $51 million in a Series B funding round led by Sapphire Ventures

  • The funding will be used to expand Yapily's open finance infrastructure across Europe

  • Yapily's platform enables secure connections between financial institutions and third-party developers, facilitating the development of innovative financial products and services.

      • ProblemTechnology Infrastructure

      "Currently, people's financial data is locked within their banks, making it difficult to manage and use for other purposes. This limits innovation and prevents people from taking advantage of new financial products and services."

      Solution

      "Yapily provides a secure infrastructure that allows people to share their financial data with third-party apps and services, enabling them to manage their finances more effectively and access a wider range of financial products and services."

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