We’re pleased to announce that our API is now available for local fintechs and businesses in Ireland, providing seamless and secure access to financial data. This enables companies to expand their offering to Irish customers, while leveraging the opportunities of open banking to create new and innovative products.
As a result, we have seen high volumes of traffic through a number of local Irish fintechs.
Why Ireland?
Ireland is home to many big tech companies including Google, Facebook, and Airbnb. So it isn’t a surprise that fintechs are thriving here too, with the average investment in Irish fintech being the largest in Europe.
Ireland is a small market, with over 90% of consumer accounts covered by the six largest banks. We’ve seen customer demand rising, and because the region adheres to the same API standard as the UK, we have rolled out integrations faster than other markets.
What did we do?
Yapily is live with the major Irish Banks including Allied Irish Bank, Bank of Ireland and Ulster Bank. With a thriving business scene, client demand has called for integrations across a wide range of accounts including personal, business and corporate accounts. As a result, we have seen high volumes of traffic through a number of local Irish fintechs.
As usual, we’ve thoroughly tested our integrations with live Irish bank accounts, giving complete assurance that Yapily’s open banking platform is seamless across Europe.
What’s next?
As Irish fintechs continue to soar, we plan to keep adding more banks as well as improve the quality of our connections. We’ll be announcing our next European country in the coming weeks - so watch this space!