← Embedded Finance Index 2026

Vyne

“Can account-to-account open banking payments displace card rails for UK/European merchants at checkout?”

Founded2021
HQLondon, United Kingdom
Total raised$15.5M
Latest roundSeed, 2021
IndustryFintech / Cross-border payments

The story

Vyne launched in 2021 as a specialist account-to-account (A2A) payments platform targeting merchants in the UK, leveraging open banking rails to offer an alternative to card-based payments. The company secured the largest seed round in the UK open banking market at the time ($15.5M), positioning itself as a challenger payment platform. Its BigCommerce integration ('Vyne Pay with Bank') shows expansion into e-commerce checkout, embedding A2A payment options directly into merchant storefronts.

Last 12 months

—

Product timeline

2021

Vyne raised $15.5M seed round — described as the largest seed round in the UK open banking market to date — to build a challenger account-to-account payments platform for merchants.· banking

The stack

1 layer disclosed in Vyne’s embedded-finance stack

Payments / PSP

Vyne Pay with Bank (self-operated)

Accounting gap: none

Vyne — frequently asked

Who is Vyne's payment processor?

Vyne processes payments through Vyne Pay with Bank (self-operated).

Where is Vyne headquartered?

Vyne is founded in 2021 and headquartered in London, United Kingdom.

How much funding has Vyne raised?

Vyne has raised $15.5M in total (latest round: Seed, 2021).

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against Vyne and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

Your category, mappedHow your stack compares to Vyne and the other companies in its category.
Build vs. buyWhere a provider relationship would close a gap faster than building it.
A named analyst, not a form replyA short call to scope what's actually worth assessing for you.