The Yapily platform is live in Ireland!

Open banking is transforming financial services and Yapily is on a mission to provide the greatest coverage across the UK, Europe and beyond. This week we focus on our integrations with Ireland!

We’re pleased to announce that our API is now available for local fintechs and businesses in Ireland, providing seamless and secure access to financial data. This enables companies to expand their offering to Irish customers, while leveraging the opportunities of open banking to create new and innovative products.

As a result, we have seen high volumes of traffic through a number of local Irish fintechs.

Why Ireland?

Ireland is home to many big tech companies including Google, Facebook, and Airbnb. So it isn’t a surprise that fintechs are thriving here too, with the average investment in Irish fintech being the largest in Europe.

Ireland is a small market, with over 90% of consumer accounts covered by the six largest banks. We’ve seen customer demand rising, and because the region adheres to the same API standard as the UK, we have rolled out integrations faster than other markets.

What did we do?

Yapily is live with the major Irish Banks including Allied Irish Bank, Bank of Ireland and Ulster Bank. With a thriving business scene, client demand has called for integrations across a wide range of accounts including personal, business and corporate accounts. As a result, we have seen high volumes of traffic through a number of local Irish fintechs.

As usual, we’ve thoroughly tested our integrations with live Irish bank accounts, giving complete assurance that Yapily’s open banking platform is seamless across Europe.

What’s next?

As Irish fintechs continue to soar, we plan to keep adding more banks as well as improve the quality of our connections. We’ll be announcing our next European country in the coming weeks - so watch this space!


Insights

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Industry

Team Yapily

16th December 2019

1 min read

Podcast: Open Banking for SME’s

The open banking hype has mainly focused on the consumer marketplace. However SME’s can also hugely benefit. Accounts and transactions can be consolidated improving cash flow management. Payments can be made at a far lower cost and far faster as well as cool stuff including “pay me” buttons in invoices to speed up receivables.

Image description
Industry

Lindsay Whyte

18th January 2019

9 min read

Why is the UK leading the world on open banking

With regulatory rollout fast approaching from Paris to Tokyo we’re all asking: what came first, Open Banking or ‘open banking’?


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