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Yapily blog

Learn more about open banking, explore use cases, and stay up-to-date on industry and company news…all in one place

Work culture
Yapily, a London-based fintech startup, has announced plans to set up in Vilnius, the company’s third European office. Yapily joins a growing number of UK fintechs that chose Lithuania as the location for a European hub following Brexit.
Yapily

Yapily

14th January 2021

3 min read

UK Open Banking fintech Yapily announces expansion in Vilnius
Looking back at 2020, Open Banking API performance data shows that despite a tough year, Open Banking continued to grow. As we move into 2021 and towards Open Finance, this data provides a strong benchmark for improvement.
Yapily

Yapily

15th December 2020

4 min read

Open Banking API performance review 2020
BUX has announced it has extended its partnership with leading enterprise connectivity platform Yapily to France and Austria. The move will enable French and Austrian users, to seamlessly fund their accounts and quickly build an investment portfolio.
Yapily

Yapily

8th December 2020

4 min read

BUX and Yapily extend partnership into France and Austria
Martin Threakall joins the Yapily team as Chief Operating Officer (COO). Martin brings over a decade’s expertise in growing payment start-up and scale-up businesses and will help lead Yapily’s European expansion and supercharge the FinTech’s growth.
Yapily

Yapily

1st December 2020

2 min read

Yapily appoints new COO to lead European expansion and supercharge growth
How Open Banking payments can benefit ecommerce businesses and online payments.
Payments

Yapily

26th November 2020

4 min read

4 ways Open Banking payments can help ecommerce businesses

This year has been a rollercoaster of lockdowns and restrictions. Businesses have suffered significantly, but online businesses have thrived. UK non-store sales rose by 102.6% in June, according to data from BDO’s High Street Sales Tracker (HSST). As expected July and August also saw a large increase of 81.6% and 72.4% in non-store sales year on year.

KashFlow by IRIS Software Group, is working with leading enterprise connectivity platform Yapily. The partnership will enable KashFlow customers to gain real-time insight into cash flow and provide them with a frictionless bookkeeping service.
Yapily

Yapily

25th November 2020

4 min read

KashFlow and Yapily partner to support SMEs with digital bookkeeping and cash flow management.
Yapily further expands its operations and launches in Germany. Lead by Chris Scheuermann, Yapily continues to consolidate its position as the backbone of Open Banking in Europe.
Yapily

Yapily

10th November 2020

3 min read

Yapily further expands its operations and launches in Germany
The lending industry is under immense pressure and Open Banking could provide a well needed shake up. Making financial data available for lenders to make better lending decisions and use Open Banking payments to reduce their costs.
Lending

Yapily

28th October 2020

4 min read

Why lenders need Open Banking
Leading enterprise connectivity platform Yapily has announced that it is working with BUX, Europe’s largest mobile broker. The new partnership will enable German users of BUX Zero to seamlessly fund accounts and build an investment portfolio in seconds.
Yapily

Yapily

19th October 2020

4 min read

BUX and Yapily enable German users to invest in seconds
A Reverse Payment is an essential functionality for a merchant when using Open Banking, ultimately Open Banking reverse payments are refunds. However, they work in a slightly different way to traditional refunds, hence why they are called reverse payments.
Payments

Yapily

14th October 2020

3 min read

What are Reverse Payments in Open Banking?

Simply put, a reverse payment in Open Banking is a secondary payment to the original payer for the same monetary amount, effectively ‘refunding’ the original payment.