Yapily, Talent Garden, Cesarine, MiaPlatform, Arturai, Sylvera, Pyure, Arisk, WorkInvoice is a company.
Key people at Yapily, Talent Garden, Cesarine, MiaPlatform, Arturai, Sylvera, Pyure, Arisk, WorkInvoice.
Key people at Yapily, Talent Garden, Cesarine, MiaPlatform, Arturai, Sylvera, Pyure, Arisk, WorkInvoice.
Yapily is an open banking infrastructure platform that provides a single secure API for fintechs and enterprises to access real-time financial data and initiate payments across thousands of banks in 19 European countries.[3][4][5] It serves payment service providers, banks, iGaming firms, and others like Intuit QuickBooks and GoCardless, solving the problem of fragmented bank connections under PSD2 regulations by enabling faster onboarding, credit assessments, fraud reduction, and low-cost Pay by Bank payments.[1][2][3] With over $69 million raised and 200+ employees, Yapily powers 3,500+ applications and has processed €7.3 million in payments for clients like Pleo, demonstrating strong growth in Europe's open banking market.[3][4]
Founded in mid-2017 by Stefano Vaccino, a former Goldman Sachs employee, Yapily emerged from the vision of revolutionizing finance through open banking, inspired by how Skype disrupted telecom via Voice over IP.[1][2] Vaccino aimed to lower technical barriers for companies to retrieve data and initiate payments from retail banks, democratizing access to speed up loans, cut e-commerce costs by 1-2%, and combat financial exclusion.[2] Early traction included seed funding of $5.4 million from HV Holtzbrinck Ventures and LocalGlobe in 2019, connecting to 35 banks (250 million accounts), with plans to reach 536 by year-end.[2] This built to a $13 million Series A in 2020 led by Lakestar and a $51 million Series B led by Sapphire Ventures, fueling European expansion.[1][7]
Yapily stands out in open banking through:
Yapily rides the PSD2-driven open banking wave, which mandates APIs from 6,000+ European banks, unlocking data and payments to foster innovation in fintech amid rising demand for real-time finance.[1][2] Timing aligns with post-2020 API rollouts, accelerating adoption for SMEs, e-commerce, and crypto, where direct bank connections are costly and slow.[1][2] Market forces like fraud reduction, lower fees (vs. cards), and financial inclusion favor it, as seen in partnerships with QuickBooks for insights and GoCardless for direct debits.[1] Yapily influences the ecosystem by enabling fintechs to scale compliant products faster, challenging legacy infrastructure and powering "frictionless finance" for industries from iGaming to digital wealth.[3][5][6]
Yapily is poised to dominate European open banking as coverage expands and regulations evolve, potentially integrating AI-driven insights or non-European markets to boost data personalization and VRP (Variable Recurring Payments) adoption.[3][5] Trends like embedded finance and real-time payments will amplify its role, with enterprise demand driving further funding and acquisitions. Its influence may grow by setting standards for secure, scalable APIs, evolving from infrastructure provider to enabler of a borderless financial ecosystem—fulfilling Vaccino's vision of a world without financial friction.[2][6]
