Yapily
London-based open banking API that joins account data, Pay by Bank and variable recurring payments, with a licensed route for companies without their own PSD2 permission
Quick Overview
| Company | Yapily Ltd |
|---|---|
| Category | Open Banking APIs |
| Headquarters | London, United Kingdom |
| Founded | Not stated |
| EU Presence | Yes - United Kingdom, with Yapily Connect UAB in Lithuania (EU) |
| Data Location | Not stated on the pages checked |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Account data API, Data Plus categorisation and enrichment, Validate (account verification), Pay by Bank payments, variable recurring payments, commercial VRP, bulk payments, Yapily Connect licence |
| Pricing | Pricing on request; the public pricing page lists no figures |
| Best For | Companies that want data and payments from one open banking integration across the UK and EEA |
| Replaces | Plaid, Tink |
Detailed Review
Yapily splits its catalogue into payment products (Payments, VRP, Commercial VRP, Bulk Payments) and data products (Data, Data Plus, Validate). The company's own pitch is that one integration covers both, which matters if you start with account data and add payouts later.
The site lists coverage across the UK, Ireland, the Nordics, the Baltics, Benelux, France, Germany, Italy, Spain and Portugal, and calls out business account connectivity next to consumer accounts.
Yapily Connect for Unlicensed Companies
Accessing bank APIs under PSD2 normally needs an AISP or PISP permission. Yapily Connect lets a company operate under Yapily's authorisation instead of applying for its own. The footer names Yapily Connect Ltd as FCA-regulated and a subsidiary of Yapily Ltd, and Yapily Connect UAB as the Lithuanian entity.
Yapily Ltd itself states that it is not a regulated entity, so the licensing lives in the Connect companies.
Data Plus and Validate
Beyond raw account data, Data Plus categorises and enriches transactions, and Validate speeds up onboarding by checking account details. These are the layers lenders and accounting software tend to need after the bank connection works.
Payments Side
Pay by Bank, variable recurring payments, commercial VRP and bulk payments are all documented products. VRP is a UK-specific mechanism, so its usefulness depends on where your payers bank.
Limitations to Consider
Yapily publishes no prices, so a budget comparison needs a sales conversation. Its payment products reach furthest in the UK, while VRP is UK-only by design. For a data-only product with a published price list, finAPI is easier to cost, and for Belgian business accounts Ponto is the more specialised choice.
Who Should Use Yapily
Fintechs, accounting platforms and lenders that serve UK and EEA customers and want one vendor for bank data and Pay by Bank, optionally under Yapily's licence.
Pros and Cons
Pros
- Data and payment products in one integration
- Licence route through Yapily Connect
- Explicit business account coverage
- UK plus EEA entities named in the footer
- API docs written for AI coding agents as well as people
Cons
- No public price list
- VRP only applies to UK accounts
- Yapily Ltd itself is unregulated; Connect entities carry the licences
- Smaller brand presence than Plaid in US-centred stacks
Alternatives to Yapily
Other European open banking apis worth comparing before you decide:
finAPI
Germany · Munich open banking API with a published price list and BaFin licences
TrueLayer
United Kingdom · London Pay by Bank network with a Data API and verification products
Powens
France · French open finance platform for bank data, payments and identity checks
Enable Banking
Finland · Finnish AISP with one PSD2 API to 2,700+ banks in 30 countries
See all European open banking apis or compare them directly against Plaid on our alternatives page.
Frequently Asked Questions
Not necessarily. Yapily Connect lets a company use the authorisation of Yapily Connect Ltd (FCA) or Yapily Connect UAB (Lithuania) instead of applying for its own.
Yes. Its payment products are Payments, VRP, Commercial VRP and Bulk Payments, and its data products are Data, Data Plus and Validate.
No. It is a hosted API platform with a customer console, documentation and a demo app.