Yapily Series A

This is the Yapily pitch deck to raise a $13m series-a round in 2020 from Lakestar.

About

At Yapily, we enable companies around the world to share financial data and access payment infrastructure. We connect businesses to thousands of banks through a secure open API. Taking care of the complexity and management of connections, saves businesses time and money.

As the world moves towards an open economy, we exist to power the innovative solutions that will ultimately transform the way we all interact with financial products and services.

The company sells its open banking API (application program interface) to Fortune 500 companies as well as high-growth fintech companies
in the UK like GoCardless. Founded in 2017, Yapily claims that in the last six months, its monthly recurring revenue has grown by over 500%.

Lakestar led the round alongside existing investors HV Holtzbrinck Ventures and LocalGlobe which takes Yapily’s total funding to $18 million.

“Doing a funding round in a normal situation is stressful and challenging but at this time it’s even more so,” Stefano Vaccino CEO of Yapily said. “Lakestar understand this market well and have been following us for a while.”

Vaccino told Business Insider that the company had considered waiting until later in the year to fundraise. Yapily began negotiations with Lakestar in January and signed documents in February before the coronavirus pandemic fully hit market sentiment.

Ha! Just remembered I know him. We had lobster rolls in London the last time I saw him.

The company recently increased its headcount in London to 45 and expanded into Italy, Ireland and France. Yapily will use the funding to continue adding to its staff, improving products, and preparing for further geographic expansion outside of Europe with Australia, Canada, and Brazil as potential next destinations.

Funding Rounds

Pitch Deck Review Summary

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Deck Collection

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