London based opening banking API has raised $13m in Series A funding led by Lakestar.
To that end, the open banking fintech says it will use the investment to “drive open banking adoption by organisations across Europe,” noting that more than 6,000 banks will be affected by the PSD2 (European open banking) deadline. This means that most European countries are set to release open banking-style APIs publicly in 2020, which Yapily hopes to benefit from. Open banking platform Tink raises €90M at a post-money valuation of €415M
https://techcrunch.com/2020/04/05/open-banking-fintech-yapily-raises-13m-series-a/