Yapily secures EUR 13 mln in Series A funding round

Tuesday 7 April 2020 13:09 CET | News

UK-based fintech Yapily has raised EUR 13 million in Series A funding round led by Lakestar.

According to IBSInteligence, the enterprise connectivity platform aims to use the funding in accelerating open banking adoption by organisations across Europe.

The fintech recently announced that in the last six months, its monthly recurring revenue has grown by over 500%. It has also quadrupled its headcount in London to 45 and has expanded into Italy, Ireland and France.

The company is currently working on increasing its total market coverage in Europe, with new territories added regularly.

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Keywords: UK, fintech, Yapily, Lakestar, Open Banking , Europe, Italy, Ireland, France
Categories: Banking & Fintech | Online & Mobile Banking
Countries: United Kingdom
This article is part of category

Banking & Fintech