What is Yapily?
Yapily operates as a crucial intermediary in the financial technology sector, providing an enterprise-grade API connectivity platform. Its core function is to facilitate the seamless sharing of financial data and grant access to robust payment infrastructure. Built with Open Finance principles at its heart, Yapily empowers businesses to develop and deploy innovative financial solutions that benefit consumers by offering greater transparency and improved services. The company's technology is designed to streamline complex financial operations, making it a key player for businesses looking to leverage open banking and open finance initiatives.
How much funding has Yapily raised?
Yapily has raised a total of $69.4M across 3 funding rounds:
Angel/Seed
$5.4M
Series A
$13M
Series B
$51M
Angel/Seed (2019): $5.4M with participation from HV Holtzbrinck Ventures, Roberto Nicastro, Taavet Hinrikus, LocalGlobe, and Ott Kaukver
Series A (2020): $13M led by Lakestar, LocalGlobe, and HV Holtzbrinck Ventures
Series B (2021): $51M supported by Sapphire Ventures
Key Investors in Yapily
Lakestar
Lakestar is a venture capital firm dedicated to partnering with visionary tech entrepreneurs to fund innovative ideas and companies that shape modern life. They focus on sectors such as Deep Tech, Healthcare, Fintech, and Digitalisation, investing with a long-term perspective from Seed to Growth stages.
LocalGlobe
LocalGlobe is an early-stage venture capital firm based in London, known for investing in disruptive technology companies. They focus on building category-defining businesses and have a strong track record in supporting European tech startups.
HV Holtzbrinck Ventures
HV Holtzbrinck Ventures is a prominent European venture capital firm that invests in technology companies across various stages, from seed to growth. They are known for their deep industry expertise and long-term investment horizon, supporting companies in sectors like e-commerce, fintech, and software.
What's next for Yapily?
The substantial enterprise-level funding Yapily has garnered indicates a strong market validation and positions the company for accelerated growth and expansion. With its recent major strategic investment, Yapily is poised to further enhance its platform capabilities, broaden its market reach, and potentially explore new verticals within the financial services ecosystem. This capital infusion will likely fuel product development, strengthen its engineering talent, and bolster its sales and marketing efforts, solidifying its competitive advantage in the rapidly advancing Open Finance arena. The company's trajectory suggests a focus on scaling its operations and deepening its impact on how financial services are delivered and consumed globally.
See full Yapily company page
