Moneyfarm selects Yapily to power instant bank deposits

Tuesday 30 June 2020 09:28 CET | News

Moneyfarm, a European digital wealth manager, has selected Yapily, an open banking provider, to provide open banking integration with UK and Italian banks. 

The move by Moneyfarm means customers will be able to instantly top-up or make withdrawals from their investment portfolios directly to and from their bank accounts, without the need for card payments.

Moneyfarm manages the assets of over 45.000 people and has raised over EUR 115 million of funding since its launch in 2011. In September 2019, the digital wealth manager raised EUR 39 million in its latest round of funding. 

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Keywords: Moneyfarm, Yapily, banks, Europe, digital, Open Banking, banking, UK, Italy, cards, payments
Categories: Banking & Fintech
Countries: Italy, United Kingdom
This article is part of category

Banking & Fintech