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Yapily

  • What it is:Yapily is an open banking infrastructure platform providing secure API connectivity to thousands of banks across 19 European countries for accessing financial data and initiating payments.
  • Best for:European fintech and payment companies, Payment Service Providers (PSPs), Banking and EMI platforms
  • Pricing:Free tier available, paid plans from Base fees + usage-based charges
  • Rating:82/100Very Good
  • Expert's conclusion:Yapily is the leading enterprise-grade Open Banking Infrastructure provider in the European payment and data space. Reliability and scalability are the key areas where we excel in delivering use cases.
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Reviewed byMaxim Manylov·Web3 Engineer & Serial Founder

What Is Yapily and What Does It Do?

Yapily is a London-based fintech company that enables organizations to use open banking APIs to link with over 1000 banks to make payments and share data, based in London, U.K. Fintech companies, corporations and Fortune 500 companies utilize its scalable banking connectivity to access financial infrastructure across the European Union via PSD2 regulations.

Active
📍London, UK
📅Founded 2017
🏢Private
TARGET SEGMENTS
FintechsEnterprisesFortune 500Payment Providers

What Are Yapily's Key Business Metrics?

🏢
125
Employees
💵
$17.2M
Revenue
📊
600+
Banks Connected
📊
15
Countries
📊
80%
Account Coverage
📊
$18.4M
Funding Raised
👥
Includes American Express, IBM
Customers
Regulated By
PSD2 Licensed(EU)Bank of Lithuania(Lithuania)

How Credible and Trustworthy Is Yapily?

82/100
Good

The established open banking provider with substantial investment funding, extensive bank connectivity and Fortune 500 clients demonstrates both market validation and technical capabilities.

BREAKDOWN
Product Maturity85/100
Company Stability78/100
Security & Compliance90/100
User Reviews70/100
Transparency80/100
Support Quality75/100
TRUST SIGNALS
PSD2 licensed provider600+ bank connectionsFortune 500 customers (Amex, IBM)$18.4M VC fundingBank of Lithuania license

What is the history of Yapily and its key milestones?

2017

Company Founded

Stefano Vaccino founded Yapily in London after the PSD2 directive to create open banking APIs.

2017-2020

$18.4M Funding Raised

Holtzbrinck Ventures, Local Globe, Lakestar (an early investor in Skype & Airbnb) have provided Yapily with venture capital funding.

2020

Lithuania License

Yapily received the Bank of Lithuania regulatory license to expand into the EU prior to Brexit.

2021

Vilnius Expansion

Yapily opened its third European office in Vilnius, Lithuania to support the EU market and hired 30+ employees.

2021

Scale Achievements

Yapily achieved 600+ bank connections, 80% coverage of 15 European countries, and tripled employee count to 72.

2023

Address Update

Registered office updated to 86-90 Paul Street, London, EC2A 4NE.

How Much Does Yapily Cost and What Plans Are Available?

Pricing information with service tiers, costs, and details
☐Service$CostℹDetails🔗Source
Sandbox/Testing TierFreeAccess to test environments for UK and European banking connections. Cannot be used for actual customer interactions or live transactions.Yapily pricing guide
Production Tier (Growth-Focused)Base fees + usage-based chargesMultiple pricing factors including successful bank connections, payment processing volumes, and account information requests. Technical support included with limitations.Yapily pricing guide
Enterprise TierCustom quoteCustomized pricing for organizations with substantial transaction volumes. Includes comprehensive feature set, dedicated support, and managed services. Minimum commitments apply.Yapily pricing guide
Pay by Bank PaymentsUnder 1% per transactionSignificantly lower than traditional card processing fees (2.5%+). Available for single payments, bulk payments, and variable recurring payments.Yapily blog
Sandbox/Testing TierFree
Access to test environments for UK and European banking connections. Cannot be used for actual customer interactions or live transactions.
Yapily pricing guide
Production Tier (Growth-Focused)Base fees + usage-based charges
Multiple pricing factors including successful bank connections, payment processing volumes, and account information requests. Technical support included with limitations.
Yapily pricing guide
Enterprise TierCustom quote
Customized pricing for organizations with substantial transaction volumes. Includes comprehensive feature set, dedicated support, and managed services. Minimum commitments apply.
Yapily pricing guide
Pay by Bank PaymentsUnder 1% per transaction
Significantly lower than traditional card processing fees (2.5%+). Available for single payments, bulk payments, and variable recurring payments.
Yapily blog
💡Pricing Example: UK startup processing Pay by Bank transactions vs card payments
Pay by Bank via YapilyUnder 1% per transaction
Typical cost under 1%
Traditional Card Processing2.5%+ per transaction
Industry standard exceeds 2.5%
💰Savings:Save 1.5-2.5% per transaction with Pay by Bank

How Does Yapily Compare to Competitors?

FeatureYapilyPlaid
Bank Integrations1,900+ across 19 countriesComparable coverage
Payment Initiation APIYes (requires PISP license)Available
Pay by Bank PaymentsYes, under 1% per transactionLimited payment focus
Starting PriceCustom (no published minimums)$100/month minimum (Growth plan)
Free TierYes (Sandbox testing)Yes (Pay as you go)
Minimum CommitmentEnterprise only3 months (Growth), 12 months (Scale)
Managed ServicesYes, fully managed enterprise optionNot mentioned
Settlement Time2.5 seconds average
White-label OptionsYesYes
Bank Integrations
Yapily1,900+ across 19 countries
PlaidComparable coverage
Payment Initiation API
YapilyYes (requires PISP license)
PlaidAvailable
Pay by Bank Payments
YapilyYes, under 1% per transaction
PlaidLimited payment focus
Starting Price
YapilyCustom (no published minimums)
Plaid$100/month minimum (Growth plan)
Free Tier
YapilyYes (Sandbox testing)
PlaidYes (Pay as you go)
Minimum Commitment
YapilyEnterprise only
Plaid3 months (Growth), 12 months (Scale)
Managed Services
YapilyYes, fully managed enterprise option
PlaidNot mentioned
Settlement Time
Yapily2.5 seconds average
Plaid—
White-label Options
YapilyYes
PlaidYes

How Does Yapily Compare to Competitors?

vs Plaid

Both are open banking platforms offering wide range of bank coverage. However, Plaid provides more flexible pricing tier, whereas, Yapily has greater focus on payment initiation (Pay by Bank) with sub-1% transaction costs. Additionally, Yapily utilizes managed services for large enterprise clients, while Plaid is focused on direct API access. Yapily has wider country coverage (19 countries), however, Plaid has broader global reach.

Select Yapily if you require low-cost payment solutions; select Plaid if you need access to a wider amount of data or global coverage.

vs Finexer

Finexer positions itself as the cost effective alternative to Yapily. Finexer claims it can save as much as 90% of the transaction costs for UK start-ups with consumption-based pricing eliminating all upfront fees. Finexer also offers direct connection to 99% of UK banks which allows for faster integration than Yapily. Yapily has greater feature set and broader European coverage.

For a broad european footprint of 1900+ bank connections from 19 countries, for europe-wide payment solutions — use Yapily. For UK-focused startups looking to reduce costs and quickly get into market — use Finexer.

What are the strengths and limitations of Yapily?

Pros

  • For low cost (under 1%) per-transaction compared to card processing (2.5% +) — use Yapily's Pay By Bank feature.
  • For fast account-to-account transfer times (average 2.5 seconds), use Yapily's Pay By Bank feature.
  • For fully-managed enterprise-level services that eliminate operational complexity and unexpected scaling costs — use Yapily's Enterprise Services.
  • For the ability to send single or multiple payments, as well as variable recurring payments and commercial Variable Recurring Payments (VRPs) — use Yapily's Pay By Bank feature.
  • For high conversion rates at checkout (250% more than non-open banking payments) — use Yapily's Pay By Bank feature.
  • For flexible deployment options including white-label and hosted solutions for seamless payment integration — use Yapily.
  • For access to both payment functionality and real-time data access for complete financial integration via Open Banking — use Yapily.
  • The difficulty in predicting monthly costs due to usage-based pricing will make it challenging for startups to budget for the production tier — use Finexer.

Cons

  • In order to utilize Yapily's Payment Initiation (PISP) features — you will need a Payment Initiation Service Provider License.
  • For higher costs associated with enterprise agreements including base fees and minimum commitments — use Yapily.
  • For limited transparency around pricing, requiring direct communication and vendor engagement to receive quotes — use Yapily.
  • When transitioning from a production tier to an enterprise tier — the process can be difficult and may require significant additional resources — use Finexer.
  • The potential for rapid growth and increased costs due to usage-based components — use Finexer.
  • Due to restrictions on the level of technical support available in the production tier — the amount of time it takes to resolve issues may be longer — use Finexer.
  • The potential for rapid cost increases — as transaction volume grows — use Finexer.
  • Enterprise agreement negotiations can be lengthy, and may delay the time-to-market for larger deals — use Finexer.

Who Is Yapily Best For?

Best For

  • European fintech and payment companies — The wide-ranging capabilities of Yapily with more than 1900 bank connections in 19 countries make it particularly well-suited for providing pan-European payment solutions
  • Payment Service Providers (PSPs) — Built specifically for providing low-cost Pay by Bank payments to merchants that settle instantly and have very high conversion rates
  • Banking and EMI platforms — Fast on-boarding of customers, fast access to real-time data, and simple payment integration for today's banking experiences
  • iGaming companies — The iGaming solution from Yapily reduces costs, raises the percentage of successful deposits, and enhances fraud protection
  • Enterprise organizations with substantial transaction volumes — By using managed services, you will reduce the operational complexity and can scale continuously at no additional surprise infrastructure costs
  • Businesses prioritizing payment cost reduction — Compared to the 2.5% + card fees for Pay by Bank, Yapily’s average transaction fee is less than 1%, which will give your company a significant increase in margin

Not Suitable For

  • Early-stage startups with limited budgets — The production level from Yapily has both base fees and usage based fees making the cost of using the service unpredictable. If you are a UK-focused startup looking to cut your costs by 90% consider using Finexer.
  • Companies seeking published, transparent pricing — For quote requests, you will need to contact Yapily directly. If you want to know about their tiered pricing structure, please review Plaid or Finexer.
  • Organizations outside Europe — Yapily serves 19 European countries. If you need to serve countries outside of Europe, such as the Americas and the Asia-Pacific region, consider using Plaid.
  • Data access-primary use cases — While supported, Yapily is positioned as a payment focused platform. If you are looking for a data aggregator that focuses primarily on data aggregation, consider using Plaid.

Are There Usage Limits or Geographic Restrictions for Yapily?

Geographic Availability
19 countries across Europe (UK, EU, and other European nations). Not available globally.
Payment Initiation
Requires Payment Initiation Service Provider (PISP) license under PSD2 for payment initiation APIs
Bank Coverage
1,900+ bank integrations across supported countries; Yapily Connect available without TPP license
Payment Settlement Time
2.5 seconds average for Pay by Bank payments
Sandbox Testing
Free access to test environments; cannot be used for live customer transactions or actual payments
Production Tier Features
Base costs plus usage-based fees for bank connections, payment volumes, and data requests
Enterprise Tier
Custom minimums and annual commitments required; longer negotiation periods
Payment Types Supported
Single Pay by Bank payments, bulk payments (UK only), Commercial VRP (UK only), Sweeping VRP
Industry-Specific Solutions
Specialized support for iGaming, Payment Service Providers, and Banking/EMI platforms

Is Yapily Secure and Compliant?

PSD2 ComplianceOperates under Payment Services Directive 2 (PSD2) regulations. Requires PISP license for payment initiation services in supported European countries.
Open Banking StandardsBuilt on open banking infrastructure standards for secure data access and payment initiation across 19 European countries
Bank SecurityIntegrates with regulated banks and financial institutions across Europe, leveraging their security infrastructure
API SecurityEnterprise-ready API infrastructure with managed services eliminating operational security complexities
Data ProtectionReal-time financial data access with security measures compliant with European financial regulations
Fraud ProtectionSpecialized fraud protection capabilities highlighted for iGaming use case; instant, secure account-to-account payments
Managed InfrastructureYapily manages platform performance optimization and operational efficiencies on behalf of enterprise clients, reducing security burden
Third-Party IntegrationsPartnership model with established fintech platforms (e.g., OpenPayd) for embedded finance security

What Customer Support Options Does Yapily Offer?

Channels
support@yapily.com for technical and sales inquiriesYapily Console for application management and support tickets24/7 self-service via docs.yapily.com
Hours
Business hours across UK/Europe time zones
Response Time
Standard SLA response times for Enterprise customers
Specialized
Dedicated support for Enterprise customers via Yapily Console
Business Tier
Priority support and 24/7 infrastructure monitoring for Enterprise

What APIs and Integrations Does Yapily Support?

API Type
REST API based on OpenAPI 3.0 specification with HTTP verbs
Authentication
HTTP Basic Authentication with API credentials
Webhooks
Supported for payment and data events
SDKs
Official SDKs available, OpenAPI specification for custom generation
Documentation
Comprehensive docs at docs.yapily.com with sandbox credentials
Sandbox
Full sandbox environment with test credentials for all institutions
SLA
Enterprise-grade 24/7 infrastructure with dynamic scaling
Rate Limits
Tiered rate limits based on plan
Coverage
2,000+ banks across 19 European countries
Use Cases
Account data access (AIS), payments (PISP), bulk payments, VRP, identity validation

What Are Common Questions About Yapily?

Yapily is a BaaS (Bank as a Service) API Platform that allows applications to connect to more than 2000 banks in 19 European Countries. Through a single REST API, it provides unified access to account information (AIS) and payment initiation (PISP) services.

Yapily provides access to 19 countries, including but not limited to, UK, Germany, France, Netherlands, Spain, Italy, Sweden, Norway, Denmark, Finland, Belgium, Ireland, Portugal and other European countries. Additionally, it connects to more than 2000 banks and financial institutions.

Yes, the FCA registration of Yapily Connect includes AISP/PISP licenses on your behalf so you don’t need to obtain a TPP license yourself.

Yapily provides support for the following types of payments: Single Payment, Bulk Payment, Variable Recurring Payments (VRP), Commercial VRP, and Scheduled Payments. All processed as account-to-account transfers. The following response to questions (43-59) have been created from the original text with new phrasing but no change to the factual content.

YES. The Yapily sandbox contains test credentials for all financial institutions that are included in our API documentation.

Yapily utilizes an HTTP Basic Authentication method with application credentials. Customers will authenticate through either embedded flow or hosted page bank credential processes.

Yapily Data has access to account balances, transactions, beneficiaries, scheduled payments for both consumer and business/corporate accounts in Europe.

YES. All fully customizable white-label payment pages are available. Branding can be turned off at customer option if they wish to utilize their own license.

Is Yapily Worth It?

Yapily is the most established and mature enterprise grade Open Banking infrastructure provider with the largest coverage in Europe and the battle tested API reliability. A single API for all banks, reduces complexity of directly connecting to individual bank APIs, maintains high performance SLA's and is best suited for fintechs, PSPs and large enterprise businesses looking to build scalable payment and data solutions.

Recommended For

  • Payment Service Providers implementing the Pay By Bank functionality in multiple European countries.
  • Fintechs developing lending/credit assessment products utilizing Open Banking.
  • Large enterprise finance platforms requiring business account information.
  • iGaming and Ecommerce platforms wishing to reduce card fees.
  • Banks and Electronic Money Institutions (EMIs) wishing to upgrade their legacy systems with Open Banking.

!
Use With Caution

  • Companies with a focus on the US market - Coverage is limited to European markets.
  • Startups requiring custom implementation flows - Standardized implementation.
  • Teams that do not have developer resources - Developer integration is required.

Not Recommended For

  • Companies targeting non-European markets - Limited international coverage.
  • Implementations of a single country - Direct bank API connections may be less expensive than the cost of implementing with Yapily.
  • No-Code/Low-Code development teams - Development team is required for integration.
Expert's Conclusion

Yapily is the leading enterprise-grade Open Banking Infrastructure provider in the European payment and data space. Reliability and scalability are the key areas where we excel in delivering use cases.

Best For
Payment Service Providers implementing the Pay By Bank functionality in multiple European countries.Fintechs developing lending/credit assessment products utilizing Open Banking.Large enterprise finance platforms requiring business account information.

What do expert reviews and research say about Yapily?

Key Findings

Through its single enterprise-grade REST API, Yapily offers complete Open Banking infrastructure to 2000+ banks in 19 European countries. Provides AIS/PISP services that include payments, bulk payments and VRP. Sandbox testing and FCA license are available via Yapily Connect. Scalable to fintech and PSP businesses alike and white label capability is supported.

Data Quality

Good - comprehensive technical documentation and product details from official sources. Limited pricing/support specifics as enterprise sales contact required. Customer metrics from case studies.

Risk Factors

!
The fact that it only supports Europe is a limitation to global scalability.
!
Enterprise pricing requires a sales call.
!
Changes in regulations could affect the Open Banking Framework.
Last updated: February 2026

What Are the Best Alternatives to Yapily?

  • •
    Tink: A leading European Open Banking Platform was purchased by Visa and has a strong presence in the Nordic region. Like Tink, this is a single API platform but has different country strengths and a different pricing model. This is ideal for companies looking to support the Nordic region or companies that want to integrate with the Visa ecosystem. (tink.com)
  • •
    TrueLayer: A UK focused Open Banking Provider that is growing in Europe with a strong focus on VRP/payments. More consumer payment focused versus Yapily’s B2B focused business accounts. Ideal for developing a UK first payment experience. (truelayer.com)
  • •
    Plaid: A US Market Leader that is expanding to Europe with a focus on account aggregation. Has stronger US coverage however newer presence in Europe compared to Yapily’s existing network. Good fit for hybrid US/Europe strategies. (plaid.com)
  • •
    Salt Edge: A global PSD2 Open Banking provider with over 5000 connections world wide. Broader global coverage then Yapily however less depth in the European market. Good fit for multiple continent deployments. (saltedge.com)
  • •
    Nordigen (GoCardless): An account aggregator that is now part of GoCardless and offers a free data API tier. Less expensive option however limited payments functionality. Ideal for data only use cases that are budget sensitive. (nordigen.com)

What Additional Information Is Available for Yapily?

Customer Success

Pleo used Yapily to process €7.3 million in payments in 2019 for their instant account top-up service in the UK, France and Netherlands. Juni leveraged Yapily Data for their ecommerce business account aggregation and financial insights.

Market Coverage

90% + account coverage in UK and Germany with 2000+ banks in 19 countries. Strongest coverage in the UK, Germany, France, Netherlands, Spain, Italy and Sweden.

Enterprise Infrastructure

With a cloud-based microservice design that is built using Infrastructure as Code (IaC), Continuous Integration / Continuous Delivery (CI/CD) and disaster recovery, Yapily's platform can dynamically scale to support large transaction volumes both for PSPs and enterprise users.

Regulatory Compliance

Yapily Connect is an FCA registered Third Party Provider (TPP) that provides both AISP and PISP licenses and will manage the regulatory complexities associated with Open Banking for your customers who do not have their own Open Banking license.

Industry Focus

Specialized solutions are provided for PSPs, EMI/Banking and iGaming. The 80% customer return rate for open banking payments indicates a strong conversion rate.

What Are Yapily's Api Performance Metrics?

24/7 'always on' infrastructure
Service Availability
Cloud-native with microservice design
Architecture
Nearly limitless growth potential
Scaling Capability
Robust monitoring, alerting, and tracing
Monitoring

What Are Yapily's Financial Institution Coverage?

443+
Connected Banks & Institutions
77+
Direct Supported Banks
1,900+
Total Institution Connections
19 European countries
Countries Supported
Business, corporate, wealth, and consumer accounts
Account Types

What Data Access Capabilities Does Yapily Offer?

Account Balances

Your customers can receive real time transaction data and current account balance information via AIS.

Transaction History

Deep real time transaction data with enrichment.

Account Information

All account information via Account Information Service Provider (AIS).

Data Enrichment

Transaction categorization and data enrichment services.

KYC & Validation

Customer validation and KYC check for accelerated on-boarding.

What Is Yapily's Authentication Methods Status?

REST APIStandard REST principles with HTTP response codes
HTTP Basic AuthenticationSecured authentication method
Pre-built Authentication FlowsSimplified integration process
Hosted PagesQuick-to-market authentication solution
Direct IntegrationFull control over custom authentication journeys

What Regulations and Standards Does Yapily Comply With?

PSD2 CompliantEU Payment Services Directive 2
AISP LicenseAccount Information Service Provider authorization
PISP LicensePayment Initiation Service Provider authorization
Regulatory ApprovalFull regulatory licensing for open banking services
Enterprise Compliance24/7 uptime prioritizing compliance standards

What Developer Tools Does Yapily Offer?

Single API IntegrationCombined AISP and PISP services in one API
Standardized API InterfacesConsistent interfaces across multiple banks
Data NormalizationConsistent normalized data across all connected banks
DocumentationBest-in-class API documentation
White Label SolutionFull direct integration for complete UI/UX control
Customer ConsoleSingle interface to manage integrations

What Data Enrichment Features Does Yapily Offer?

Transaction Categorization

Auto-categorize of transactions for financial insight.

Data Enrichment

Additional contextual data added to enhanced transaction and account data.

Instant Payments

Bulk Payments

Mass payment capabilities from business accounts.

Scheduled Payments

Payment initiation at future date(s) and management.

Variable Recurring Payments (VRP)

Recurring payment type options from business accounts.

What payment methods does Yapily support?

Single Immediate Payments

Instant one-time account-to-account transfer.

Bulk Payments

Send multiple payments in a single batch from business accounts.

Scheduled Payments

Initiate payments for future execution.

Variable Recurring Payments

Options to pay varying amounts for recurring payments.

Pay by Bank

Merchants will be able to make direct payment to customers' bank accounts.

Unified Payment Processing

A consistent payment experience across 1900+ banks.

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