Yapily Secures $51M To Take Advantage Of Open Finance Revolution
07/21/21, 9:32 AM
Location
londonMoney raised
$51 million
London-based open banking fintech Yapily has recently secured $51 million in Series B funding to expand its open finance infrastructure across Europe. The funding round was led by Sapphire Ventures, but also included additional funding from existing investors Lakestar, HV Capital and Latitude, whose initial investment fuelled Yapily’s growth to becoming a leading banking infrastructure provider.
Company Info
Location
london, ontario, canada
Additional Info
Yapily provides the infrastructure that allows the necessary secure connections to be made. Indeed, many people will have already used Yapily, without even realising. With nearly 100 staff, Yapily has already started growing beyond its initial bases in the UK and Lithuania. “Yapily is an infrastructure and API-first player first and foremost,” Vaccino told UKTN. However, Yapily is well-placed for global expansion when this happens.