Yapily, an open banking infrastructure platform setting out to power the next wave of innovation in banking, recently raised $51 million in a Series B funding round led by Sapphire Ventures. Yapily heavily focuses on official API integrations which can offer a more reliable experience compared to private APIs. Currently, the company supports more than 1,500 banks across the eight countries in Europe.
Source: Yapily raises $51 million for its open banking API by focusing on infrastructure