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Yapily

Secure API for banks

101-200 employees
  • Fintech
  • B2B
  • Banking
  • API
1 Fore Street, Moorgate, England EC2Y 9DT, GB

Company mission

To build the future of finance through open banking.

Rocket List 2021
Top investors

34% female employees

102% employee growth in 12 months

Otta's take

Sam Franklin headshot

Sam Franklin

CEO of Otta

In order to create innovative financial products, companies need to connect effectively and securely to banks. Yapily solves this problem using its secure API software.

Yapily is headed up by a former Goldman Sachs executive, and since its launch it has scaled its customer base rapidly. Yapily’s API is now trusted by high-growth fintechs such as Intuit QuickBooks and GoCardless.

Yapily is just one of a wave of open banking APIs. Other providers include TrueLayer and Finix. Yapily has recently partnered with credit card startup Yonder and financial standardization company Ntropy to expand its services to consumers. This is an important step and could ensure that Yapily remains competitive in the fintech market.

Benefits

  • Generous level of share options
  • Company learning budget for seminars and courses
  • Salary sacrifice pension with employer contribution
  • Parental leave options for both primary and secondary caregivers
  • Contribution to remote desk setup
  • Hybrid & remote ways of working opportunities
  • Bupa private healthcare
  • Cycle to work scheme
  • Season ticket loan scheme

Company values

  • We obsess about quality - Our customers have entrusted us with a critical function in a regulated industry…and we take that responsibility seriously. We always assume ownership and hold ourselves accountable
  • We are curious - Our innovation is powered by our collective growth mindset. We’re lifelong learners who challenge assumptions, experiment, and iterate
  • We act with integrity - We’re guided by our mission and earn and maintain trust by doing what’s right, even when it’s not easy
  • We’re do-ers - We reject indifference and agility is our strength. We’re motivated by challenges, and biassed towards action
  • We problem-solve together - We’re diverse people in diverse places, and know the best solutions are born out of collaboration. We win, lose, and learn…together

Funding (last 2 of 3 rounds)

Jul 2021

$51m

SERIES B

Apr 2020

$13m

SERIES A

$69.2m

Total funding

This company has top investors

Founders

Previously Executive Director at Goldman Sachs, co-founded OltreDesign and was Chief Product Officer at Algomi and Red Deer.

Diversity & Inclusion at Yapily

  • At Yapily we recognise diversity and inclusion as a strength which we strive to demonstrate within our workplace. We want our company to reflect the diversity that makes London great, with representations of multiple nations, heritages, cultures and backgrounds
  • Our belief is that all of our departments should be fully inclusive for all backgrounds, genders and abilities. Katie, our brilliant first people hire, is actively monitoring the inclusivity and diversity of our environment, setting targets for continuous improvement

Endorsements

All

Challenging work (5)

Opportunities to learn (5)

Intelligent people (4)

Great work is recognised (4)

Team energy (4)

Growing fast (4)

Hard working team (3)

People of all backgrounds are welcomed (3)

Innovative product (3)

Career progression (2)

Everyone at Yapily is dedicated to enabling Open Finance and excited about the steps to get there. There is an incredible work ethic and candour which means we make the right decisions for Yapily and for the customer. There is also great camaraderie and team spirit.

Product

Hard working team

Dec 2020

We have a weekly company standup and shout out the fantastic work of all nominated colleagues.

Product

Great work is recognised

Dec 2020

Yapily are a technology focused Open Banking service provider and we're really clear on what makes us different to our competitors. We are often the first in market to enable new features in line with industry developments. It's a really exciting space and Yapily are perfectly positioned to grow exponentially.

Product

Innovative product

Dec 2020

The industry and our deliverables are moving at a fast pace, not for the faint hearted, but it is inspiring when you look back and see what we've delivered in such a short space of time and still plan to do.

Product

Growing fast

Dec 2020

The team is made up from a broad background, it makes our day to day working lives that much richer given the conversations we have and the points of view that our team bring into discussions. It feels good to know that in a less than perfect world, our efforts are being invested in a company that is striving to improve this.

Product

Diversity is a priority

Dec 2020

No matter what the challenge there are always plenty of really smart colleagues ready to get stuck in and help out. It inspires others and becomes a self-perpetuating driving force with our culture.

Product

Team energy

Dec 2020

At Yapily there are many opportunities to ask meaningful questions and contribute to strategic discussions, regardless of seniority. CXOs and heads of departments make themselves available to answer questions about how the company is growing and why.

Operations & Strategy

My opinions are valued

Dec 2020

Yapily has an ambitious goal and the work reflects this. We are always looking to the future, how to improve our products and processes to offer a better service to more clients. In this context, individual initiative is rewarded and one can become very busy when participating in the life of this startup.

Operations & Strategy

Challenging work

Dec 2020

The team at Yapily feels like a second family. From day 1 of joining everyone is super friendly and people go out of their way to make you feel welcome and answer questions or provide support. The commercial and marketing team encourages individual success and excellence through mutual support and collaboration.

Operations & Strategy

Team energy

Dec 2020

I started Yapily as an intern during the start of the covid pandemic. I am glad to say even through hard times Yapily offered me a full time job after my internship. I faced many challenging projects during my time at yapily, but thanks to the great team at Yapily they allowed me to grow in confidence and teach me new things along the way

Data

Challenging work

Dec 2020

At Yapily, we do weekly tech talks on Wednesdays. This gives anyone a chance to book a slot and explain what they are working on, and learn from each other.

Data

My opinions are valued

Dec 2020

At Yapily we have a Friday whole company stand up, where each department gives an update on the week's progress. This allows all employees to discuss openly with the CTO and CEO our concerns or achievements.

Data

Open and honest communication

Dec 2020

You have great opportunities to start new projects, learn new skills and implement it immediately. My colleagues in Yapily are very supportive.

Product

Opportunities to learn

Dec 2020

At Yapily we celebrate great work and it's a tradition to nominate people who have done excellent work on a weekly basis.

Product

Great work is recognised

Dec 2020

Yapily is definitely a leader in open finance world. Smart people building a smart product.

Product

Innovative product

Dec 2020

Engineers have freedom to experiment with technologies and make their own choices about which ones to use.

Software Engineering

Autonomy

Dec 2020

Everyone is genuinely nice and super friendly! I feel like I've made friends amongst them even if I never met them face to face! (Joined the company during the panmdemic)

Software Engineering

Nice people

Dec 2020

Really enjoy working with the latest tech & tools available (e.g. cloud, microservices, etc)

Software Engineering

Tech & tools

Dec 2020

Open Banking is still a very young and quickly evolving space with lots of interesting innovations and partnerships happening all the time. There is so much to learn and be excited about as we change and disrupt the traditional financial landscape.

Software Engineering

Opportunities to learn

Dec 2020

The mission is clear and we have lot of work to do to achieve our goals. We want to service our clients, improve our products and push Open Banking and its global adoption forward as quickly as possible. It's very challenging work, but also very rewarding.

Software Engineering

Challenging work

Dec 2020

Since joining the people at Yapily have impressed me the most. Everyone is incredibly knowledgeable and skilled in their roles. Even in lockdown we've managed to keep our spirit of teamwork and collaboration. We regularly work together to bring out each others different experience, strengths and ideas to find our best solutions.

Software Engineering

Intelligent people

Dec 2020

Tons of challenges for an Engineer due to working on something very demanding. You do need all the knowledge that you have and acquiring more is definitely appreciated.

Software Engineering

Challenging work

Dec 2020

Behind the scenes there is a wide range of Engineering problems to pickup. Many high caliber engineers to assist you or brainstorm with you.

Software Engineering

Opportunities to learn

Dec 2020

If you are accountable and you deliver there are no obstacles. Good technology stack decisions taken upfront making things simpler.

Software Engineering

Career progression

Dec 2020

Knowledgeable people who think things through and support good ideas. Covers all areas tbh tech domain, ops and business

Software Engineering

Intelligent people

Dec 2020

Managers care about how you are doing at home and in personal development as much as at work.

Software Engineering

Supportive management

Dec 2020

Just what it says; diversity is valued and sought.

Software Engineering

People of all backgrounds are welcomed

Dec 2020

Everyone is always ready to support you with your tasks despite their seniority or busy work schedule. Endless opportunities to learn and management who takes time to guide you. Environment of where an opinion matters and great work is appreciated.

Finance, Legal & Compliance

Flat hierarchy

Dec 2020

Colleagues with different backgrounds from different environments makes any discussion interesting, outcomes are well thought out and looked at from different angles. Also, company itself and its key areas are led by professionals who know very well what they're doing.

Finance, Legal & Compliance

Intelligent people

Dec 2020

There's a variety of cross-functional learning learning opportunities as well as in your own field. Everyone is encouraged to learn about each other function in the company which really makes you feel that you are a part of it.

Finance, Legal & Compliance

Opportunities to learn

Dec 2020

Open Banking is a new field and often we are solving problems for the very first time.

Software Engineering

Challenging work

Dec 2020

The size of the company more than doubled since lockdown began in March - which is amazing progress during this difficult time!

Software Engineering

Growing fast

Dec 2020

Everyone is incredibly committed to the success of the company. No one ever hesitates to help out another coworker because everyone wants to see Yapily succeed.

Software Engineering

Hard working team

Dec 2020

When I joined Yapily, I have immediately understood the positive impact I could make in my role and the plans for the initial months. I'm excited to be part of a company with challenging but ambitious goals.

Operations & Strategy

Career progression

Dec 2020

We are a very young but bright talented team where diversity is an added value!

Operations & Strategy

People of all backgrounds are welcomed

Dec 2020

Supportive and smiley colleagues are often brightening my day!

Operations & Strategy

Team energy

Dec 2020

Broad mix of backgrounds (particularly nationalities) across the company, people are really interested in and appreciate one another and recognise that together, our diversity makes us a stronger team.

Operations & Strategy

People of all backgrounds are welcomed

Dec 2020

There is a huge amount of energy and enthusiasm across the team. We are working in a really innovative space, often leading the market in terms of the coverage and functionality we offer in Open Banking. People are excited about that and it leads to a high degree of team energy.

Operations & Strategy

Team energy

Dec 2020

Open Banking is just starting to get traction in the UK and Europe, there's so much more that will be achieved in this space over the coming years, across these geographies and globally. It's going to change the way we do things as consumers and businesses, but without us necessarily knowing "that's because of Open Banking". Being an infrastructure player who enables that change is very exciting.

Operations & Strategy

Innovative product

Dec 2020

I am surrounded my the nicest and intelligent people I ever worked with. Everyone is an expert and willing to help and share their knowledge.

Design

Intelligent people

Dec 2020

We work hard but It' rewarding. Maintaining thousands of connections is not an easy task and also the highest levels of service for our customers. It's always rewarding.

Design

Hard working team

Dec 2020

When I started we were around 30 and now we are more than double. We are growing and you can see the positive changes in a more mature and diverse working culture.

Design

Growing fast

Dec 2020

Great team atmosphere, modern product

Operations & Strategy

Nice people

Dec 2020

Great attention from management / CEO

Operations & Strategy

Great work is recognised

Dec 2020

Management has our backs and protects us from countless useless meetings

Operations & Strategy

Strong leadership

Dec 2020

Yapily took me on despite having very basic knowledge of Open Banking. They trusted my willingness to learn and taught me a lot over the first month. Whenever I have any questions or want to learn more someone is always on hand to guide me to the right learning materials and teach me what they know. Yapily has veterans in the field who are open to sharing their experience and knowledge.

Operations & Strategy

Opportunities to learn

Nov 2020

We have new people starting at Yapily just about every week, they all bring with them great insights from their previous roles at other successful businesses. In this time of growth, you can really make an impact by sharing your experience and ideas to add to Yapily's momentum.

Operations & Strategy

Growing fast

Nov 2020

At Yapily great work is always shared and celebrated even if it is part of your role. Yapily recognises that everyone has different methods of achieving success and encourages employees to share their tactics that may help others in the team. Every Friday we can nominate our employees for star of the week where the nominations and comments are shared across the business to give recognition of great work.

Operations & Strategy

Great work is recognised

Nov 2020