Yapily plants flag in Spain as it nears universal account coverage
Just months after the open banking firm scored $51m to fund European expansion.
Open banking infrastructure provider Yapily has officially launched in Spain after reaching 95 per cent coverage across 52 of the country’s largest banks.
As part of the launch, Yapily is building a local team on the ground, led by new country lead for Spain, Angel Salamanca, who previously led Santander’s open banking services strategy.
“With a focus on rapid growth, Spain’s fintech firms are looking for scalability, innovation and opportunities for international expansion,” said Salamanca.
“Yapily’s open banking infrastructure can provide them with all of these as well as the tools to build better products and services.”