Yapily
Yapily is a London-based open banking infrastructure provider operating a single API that connects businesses to nearly 2,000 banks across 19 European countries, offering payment initiation, account information, verification, and recurring payments to fintechs, PSPs, lenders, and iGaming operators.
- Company typePrivate
- Founded2017
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Yapily does
Yapily is a London-headquartered open banking infrastructure provider founded in 2017 that operates a single RESTful API connecting businesses to nearly 2,000 banks across 19 European countries. The platform delivers both Account Information Services (AIS) and Payment Initiation Services (PIS) under PSD2, including add-on modules for transaction categorization and enrichment (Data Plus), bank account verification (Validate), sweeping and commercial Variable Recurring Payments (VRP/cVRP), bulk payments, and a license-as-a-service wrapper (Yapily Connect) that lets customers leverage Yapily's FCA (UK) and Bank of Lithuania (EU) authorizations without obtaining their own AISP/PISP licenses. The architecture is modular with RESTful APIs, webhooks, an SDK, a sandbox, and ISO 27001 / GDPR-compliant security, and includes industry-specific go-to-market solutions for Payments Service Providers, iGaming, Lending & Credit, and Banking & EMI customers.
The commercial model is B2B infrastructure sold via direct API integration (enterprise), white-label/embedded integration (mid-market), and hosted payment pages (SMB). Yapily combines annual subscription/licensing fees with per-transaction charges (cited at under 1% versus card processing of 2.5%+), with custom quote-based enterprise pricing. Distribution is anchored in a developer-first GTM: API documentation, a sandbox, interactive demos, webinars, blog content, and event presence (e.g., Money20/20 Amsterdam). Named enterprise customers span Adyen, Revolut, QuickBooks, Google, Payhawk, SumUp, Alipay+, Pleo, Crezco, Yonder, and Yotta Pay, with 3,500+ live applications powered across verticals.
The company is venture-backed with approximately $69 million in disclosed funding, including a $51 million Series B in July 2021 led by Sapphire Ventures, alongside HV Capital, Lakestar, and Latitude. It operates three entities — Yapily Limited (UK holding), Yapily Connect Ltd (FCA-regulated), and Yapily Connect UAB (Bank of Lithuania-regulated) — with offices in London (HQ), Vilnius, and Paris. Strategic partnerships since 2024 include Ant International and HungryPanda for Europe's first commercial VRP (February 2024), Google for embedded bank verification (2025–2026), and Allica Bank for UK SME banking solutions (April 2025).
Yapily firmographics
Firmographics- Name
- Yapily
- Legal name
- Yapily Limited
- Website
- https://yapily.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Yapily is a London-based open banking infrastructure provider operating a single API that connects businesses to nearly 2,000 banks across 19 European countries, offering payment initiation, account information, verification, and recurring payments to fintechs, PSPs, lenders, and iGaming operators.
- Ownership category
- akta.pro rank
Yapily industry classification
Industry- Product category
- Open Banking Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Activities Related to Credit Intermediation (5223)
- akta.pro primary industry
- A2A Payment Initiation Service Providers (PISPs) (FSAMAFAB)
- akta.pro secondary industries
- Recurring Payments & Variable Recurring Payments (VRP) Enablement (FSAGACAJ), Account Verification & Ownership (AVS/AOV, micro-deposits, auth) (FSAGACAB), A2A Reconciliation, Reporting & Treasury Ops (FSAMAFAJ)
Keywords
Where Yapily is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Yapily business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- API Access and Licensing Fees: Yapily operates as an open banking infrastructure provider, charging businesses for API access to payment initiation and data services. Revenue is generated through licensing arrangements via Yapily Connect, enabling companies to use the company's regulatory licenses (PISP and AISP) without obtaining their own.
- Transaction-based Fees: The company charges transaction fees for payment initiation services, typically under 1% per transaction, significantly lower than traditional card processing fees of 2.5%+.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise API Access |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
Yapily product offering
Product offeringCore offering
Yapily is an open banking infrastructure platform that provides a unified API for businesses to initiate account-to-account payments and access real-time financial data from banks. It serves fintechs, payment service providers, lenders, banks, and iGaming operators with PSD2-compliant Account Information Services (AIS) and Payment Initiation Services (PIS), including advanced capabilities such as variable recurring payments, bulk payments, and account verification.
Product overview
Yapily is an open banking infrastructure platform offering a unified API-based solution that combines payment initiation services (PIS) and account information services (AIS) through a modular architecture. The core platform comprises Payments (A2A Payment Initiation) and Data products, which can be extended with add-on modules including Data Plus (transaction categorisation and enrichment), Validate (account verification), Variable Recurring Payments (VRP), Commercial VRP, and Bulk Payments. Yapily Connect provides a licensed entry point for businesses requiring PSD2 regulatory access without obtaining their own authorizations. Industry-specific solutions target Payments Service Providers, iGaming, Lending & Credit, and Banking & EMI sectors. The platform connects to nearly 2,000 banks across 19 European countries.
Differentiator
Problem solved
Functional benefit
Products and services
- Payments (A2A Payment Initiation Service Provider) Account-to-account payment initiation service enabling instant, secure Pay by Bank payments through a simple API, supporting single immediate and scheduled payments and bypassing traditional card networks.
- Data Account Information Service providing real-time access to financial data including balances, transactions, and account ownership for powering onboarding, credit assessments, and personalisation.
- Yapily Connect PSD2 Open Banking license solution enabling businesses to access open banking services without obtaining their own AISP or PISP licenses, offering regulated access to payment initiation and account information services.
- Variable Recurring Payments (VRP) Sweeping VRP enabling recurring me-to-me transfers with instant, flexible, and secure Pay by Bank payments for automated savings, overdraft protection, and account management.
- Commercial VRP Business-focused recurring payment solution enabling merchants to collect variable payments directly from customer bank accounts as an alternative to Direct Debits or card-on-file (UK only).
Quantifiable outcome
- 2.5 second average payment settlement time
- +7 more outcomes
Companies that use Yapily
Customer profileNamed customers14 records
Segments6 records
Ideal customer profiles5 records
Yapily technology and API
TechnologyAPI detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature7 records
Yapily partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered flagship and core.
- GoogleflagshipYapily expanded its bank account verification service to Google Cloud customers across eleven European markets including Germany, France, Netherlands, Spain, Portugal, Lithuania, Italy, Belgium, Austria, Ireland, and Sweden. The integration embeds bank account verification directly into Google Cloud's onboarding process.
- Making Tax Digital PlatformcorePartnership to help sole traders and landlords with tax compliance through open banking data sharing, simplifying Making Tax Digital requirements.
- GoogleflagshipPartnership to support bank account verification for businesses across Europe, enabling Google customers to verify bank accounts directly through Yapily's open banking infrastructure.
- Allica BankcoreStrategic partnership for open banking payments and banking solutions, enabling Allica Bank to leverage Yapily's infrastructure for enhanced digital banking experiences.
- Ant InternationalflagshipJoint partnership to launch Europe's first commercial Variable Recurring Payments (cVRP) for e-commerce, enabling recurring bank-to-bank payments without cards.
- HungryPandaflagshipFirst European deployment of commercial VRP for food delivery platform, enabling customers to make recurring payments directly from bank accounts with instant settlement.
- XerocoreIntegration through Crezco partnership enabling Xero customers to process invoice payments through open banking directly from Xero's platform.
Scale indicators14 records
Recent moves7 records
Expansion highlights6 records
Yapily competitors and assessment
Company assessmentBroad incumbents
- Plaid: US-founded financial data aggregation and payments platform that has expanded into the UK and Europe. Comparable in offering bank connectivity APIs (data + payments) and serving fintech/PSP customers, but with materially larger scale and a US-centric footprint.
- Tink (Visa): Swedish-headquartered open banking platform acquired by Visa in 2022, offering PSD2-compliant account information and payment initiation services across Europe. Direct product overlap with Yapily, with the additional backing of a global card network that creates a structural competitive threat.
- Mastercard Open Banking: Mastercard's open banking capability built around the Finicity acquisition, offering account information and payment initiation services. Comparable end-product to Yapily but bundled into a global card network's broader payments portfolio.
- Worldline: European payment processor with broad acquiring, gateway and open banking-related capabilities serving PSPs and merchants. Comparable in targeting European payment service providers, but operating as a much larger incumbent across multiple payment verticals.
- Klarna: Global payments and BNPL network increasingly using open banking for consumer underwriting and Pay-in-N instalments. Comparable in leveraging open banking data and A2A rails to displace card-based checkout, though its primary proposition is consumer credit rather than infrastructure.
Direct peers
- Token.io: London-based open banking AISP/PISP focused on account-to-account payments and VRP across Europe. Closely comparable in product focus (especially A2A payments and recurring payments) and target PSP/fintech customers.
- TrueLayer: London-based open banking API platform offering AISP and PISP services across Europe. Closest direct competitor to Yapily with overlapping product suite (Payments, Data, Verification), UK headquarters, and similar fintech/PSP target customers.
- Salt Edge: Open banking API provider offering account information, payment initiation and data enrichment services across Europe and beyond. Comparable in providing bank connectivity infrastructure to fintechs and lenders, with similar PSD2-driven value proposition.
- Trustly: European account-to-account payment network owned by Nordic Capital, focused on online banking payments for e-commerce and financial services. Comparable in enabling A2A payments bypassing card networks, with stronger consumer brand presence but narrower geographic footprint.
Emerging players
- Bud Financial: UK-based open banking data and enrichment platform focused on transaction categorisation and lending analytics. Comparable as an open banking-native data layer for fintechs and lenders, but more specialised than Yapily's broader API suite.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Yapily social profiles
Digital presenceYapily compliance and trust
Trust signalCompliance3 records
Yapily financial estimates
Financial estimateRevenue estimate
Valuation estimate
Yapily leadership team
Management profileNumber of profiles
Profiles4 records
Yapily subsidiaries and ownership
Company hierarchySubsidiaries2 records
Yapily funding detail
Funding detailFunding overview
Funding rounds5 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Yapily M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Yapily
What does Yapily do?
Yapily is an open banking infrastructure platform that provides a unified API for businesses to initiate account-to-account payments and access real-time financial data from banks. It serves fintechs, payment service providers, lenders, banks, and iGaming operators with PSD2-compliant Account Information Services (AIS) and Payment Initiation Services (PIS), including advanced capabilities such as variable recurring payments, bulk payments, and account verification.
Is Yapily a public or private company?
Yapily is a private company. It is classified as venture growth investor backed and is currently operating.
When was Yapily founded?
Yapily was founded in 2017. It employs 101 to 250 people.
Where is Yapily based?
Yapily is headquartered in London, United Kingdom, in the Europe region.
How does Yapily make money?
Two revenue lines are on record. API Access and Licensing Fees are the primary driver. The others are transaction-based Fees.
Who are Yapily's main competitors?
Broad incumbents on record are Plaid, Tink (Visa), Mastercard Open Banking, Worldline and Klarna. Direct peers are Token.io, TrueLayer, Salt Edge and Trustly. Bud Financial is listed as an emerging player.
Does Yapily have an API?
Yes. Yapily provides a RESTful open banking API that enables businesses to access financial data (Account Information Services - AIS) and initiate payments (Payment Initiation Services - PIS) through connections to nearly 2,000 banks across 19 European countries. The API supports single payments, scheduled payments, bulk payments, variable recurring payments (VRP), and commercial VRP. It provides webhook notifications for payment status and account balance updates, with enterprise-grade security featuring ISO 27001 certification, PSD2 compliance, and GDPR compliance. A sandbox/testing environment is available for developers. Developer documentation is at docs.yapily.com.
What industry is Yapily in?
Yapily's product category is Open Banking Infrastructure. Its primary akta.pro industry code is FSAMAFAB, A2A Payment Initiation Service Providers (PISPs), with a secondary code of FSAGACAJ, Recurring Payments & Variable Recurring Payments (VRP) Enablement. Its NAICS code is 522320.