“Can an infrastructure-only, white-label open banking API win against consumer-brand aggregators like Tink and TrueLayer by owning connectivity depth across the UK and EU?”
Yapily is a UK-founded PSD2 open banking infrastructure provider that deliberately positions itself as API-only (no branded UI), competing against Tink, TrueLayer and Plaid on connectivity depth and white-label delivery. It operates two regulated subsidiaries — Yapily Connect Ltd in the UK (FCA) and Yapily Connect UAB in Lithuania (Bank of Lithuania) — to passport AIS/PIS coverage across the UK and EU. Yapily itself is the vendor in this category, so downstream stack fields (BaaS, card issuing, payroll, etc.) do not apply.
Yapily processes payments through Yapily Payments (self-operated) and checkout.
Yapily uses ComplyAdvantage for KYC and identity verification.
Yapily connects to bank accounts through Yapily Connect (self-operated) and Yapily.
Yapily uses ComplyAdvantage for fraud prevention.
The Embedded Finance Index 2026 maps 6 layers in Yapily's stack: Payments / PSP (Yapily Payments (self-operated) and checkout); Open banking (Yapily Connect (self-operated) and Yapily); KYC (ComplyAdvantage); Spend / AP (Pleo); Fraud (ComplyAdvantage); Transaction enrichment (Ntropy).
Yapily was founded by Stefano Vaccino and is founded in 2017, headquartered in London, United Kingdom.
Yapily has raised $69M (as of Series B, 2021) in total (latest round: Series B, 2021).
Get a read on where your own stack stands against Yapily 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.