How Kolleno Redefined Reconciliation With Open Banking

Financial operations platform Kolleno offers transformative payments and reconciliation with the support of AI and open banking. Discover how they utilised Yapily to supercharge their results and accelerate cash flow.

Businesses are facing critical challenges impacting their efficiency, cash flow, and speed, all which steal focus from their growth. Kolleno is on a mission to solve these problems by collating all data from accounting systems and CRMs to provide an integrated hub with actionable insights. But Kolleno wanted to offer something more; a streamlined reconciliation process which reduces manual error and friction. That’s where Yapily came in.

With the support of Yapily, Kolleno saw:

  • 20% reduction in payment delays
  • 2-5 days saved by Kolleno clients monthly
  • 45% of Kolleno transactions now using open banking

Yapily and Kolleno worked together to integrate open banking solutions that provide a smoother customer experience that offers more secure payment options and real-time settlement of payments. Kolleno was able to offer a better offering for their customers, while also experiencing no chargebacks and fewer delays, often experienced by traditional transfers and direct debits.

This also seamlessly fit with their expansion plans as Yapily could cater to the needs of their EU and US customers, and could still provide the same level of service with customisable workflows and centralised data. Less friction, better results.

“Support & extensive coverage is key for choosing an open banking vendor as we needed a supportive technical team and an intuitive API to meet our growing needs. We chose Yapily due to its extensive coverage across Europe with thousands of bank institutions.” stated Ron Dananberg, CTO & co-founder of Kolleno.

Read the full case study

Ready to reap the same kind of results? Speak to our open banking experts today!


Image description


1st February 2024

6 min read

Open banking vs card networks: the future of payments

In the digital payments landscape, open banking and card payments often get compared. While open banking won’t replace everything about card payments, it can certainly improve its inefficiencies. We explore how in this article.

Image description


19th January 2024

5 min read

The Future of Transactions: Why Business and Big Tech are Embracing A2A Payments

Discover why businesses and major tech players like Alipay+ are rapidly adopting A2A payments over traditional methods. Explore the benefits of open banking, reduced costs, enhanced security, and instant transactions. Dive into the future of digital transactions now.

Image description


12th January 2023

2 min read

Was sind Faster Payments und was bedeutet das neue Transaktionslimit für Open Banking?

Diese Woche bestätigte Pay.UK, dass das Transaktionslimit von Faster Payments von 250.000 £ auf 1 Million £ gestiegen ist – eine wichtige Entwicklung für die Open-Banking-Branche und wohl die bisher leiseste Einführung der größten Zahlungsnachrichten des Jahres 2022.

Image description


10th February 2023

10 min read

Open Banking Payments: The Complete Guide

There are many different types of open banking payments. Each serves a different purpose.

Build personalised financial experiences for your customers with Yapily. One platform. Limitless possibilities.

Get In Touch