We're expanding our collaboration with Google. Google Cloud customers across Germany, France, the Netherlands, Spain, Portugal, Lithuania, Italy, Belgium, Austria, Ireland, and Sweden can now use Yapily's open banking connectivity to verify their bank accounts during onboarding.
This builds on the bank account verification service we’re already providing for Google that was announced in October 2025. In this next step, Google Cloud customers get a verification flow built on direct bank connections, giving them an alternative to manual document checks.
The problem with manual bank account verification
Before a business can be onboarded, the provider needs to confirm it owns the account it says it does. For a long time, the only practical way to do that has been manual: request a document, wait for it to arrive, and cross-reference the details manually.
For customers, this meant delays and repeated requests at exactly the point where they wanted to get started. For providers, it meant manual review, higher operational overheads, and applications abandoned when the process dragged on. In a competitive market, a slow verification step can drive drop-offs.
What the integration delivers
Bank account verification is now built into the Google Cloud onboarding process for customers in the selected SEPA markets. In practice, this means:
Verification in minutes: customers can confirm their business bank account using bank-sourced data and receive a result in minutes, rather than waiting for a manual document review.
Several markets, one integration: Google Cloud gets consistent bank account verification across all 11 markets through a single integration with Yapily, rather than maintaining separate processes across several countries or regions.
Open banking's growing role in enterprise infrastructure
Bank account verification is one of the most practical uses of open banking, and it is being adopted at scale as the wider ecosystem matures.
In the UK alone, open banking payments have reached a record 36 million per month, with over 17.5 million active user connections, representing a major shift in how consumers and businesses move money. The European market has surpassed 63 million users as of 2024, continuing to grow its position as the world's most mature ecosystem, while open banking now accounts for around 17% of total e-commerce transaction value across the continent.
Yapily has been central to that growth. Recently, we reached profitability, grew revenue, and continued to add enterprise customers, including Google, Adyen, Ant Group, Intuit QuickBooks, Pleo, and Allica Bank. We connect to both business and consumer accounts at over 2,000 banks across 19 markets in the UK and Europe, supporting Pay by Bank and Recurring Pay by Bank through to data enrichment, transaction categorisation, and account verification.
A signal of what enterprise open banking looks like
Deploying verification at this scale, across this many markets, is a marker of where open banking now sits in the enterprise stack.
"Bank account verification is one of the most practical applications of open banking, and seeing it deployed at this scale by Google across European markets is a strong signal of what enterprise infrastructure looks like today. We are proud to be part of it."
Stefano Vaccino, founder and CEO, Yapily
If you are looking at how open banking data can speed up onboarding and reduce errors at scale, we would be glad to talk it through.