GuavaPay Yapily Open Banking Partnership

Guavapay Yapily Open Banking Partnership

Guavapay and Yapily join forces to provide a seamless top-up experience through open banking

Guavapay, a London-based fintech company, has partnered with Yapily, the market-leading open banking infrastructure provider, to provide a faster, more seamless experience across its new payment application “MyGuava”.

This collaboration will harness Yapily’s open banking technology to provide frictionless user journeys within its brand-new payment application MyGuava, enabling faster top-ups of GBP and EUR accounts from supported bank accounts.

In today's digital era, convenience and security are paramount to consumers, and seamless payment solutions are at the forefront of their expectations. Guavapay will integrate Yapily's secure open banking platform API with the MyGuava platform, enabling customers to securely access and transfer funds directly from their preferred financial institutions to their MyGuava accounts.

This integration eliminates the need for traditional, time-consuming methods of fund transfers, such as manual input of account details. Open banking will reduce the risk of data breaches, streamlining the payment process, and saving valuable time and effort for MyGuava customers.

MyGuava customers can now conveniently initiate top-up transactions with just a few clicks. With Yapily's robust API-driven platform, Guavapay can ensure a seamless and secure transfer of funds for its customers, enhancing user experience and fostering customer loyalty.

 "We are thrilled to partner with Yapily to enhance our card top-up capabilities," said Javid Mahmudzade, Guavapay’s Chief Information Officer. "By leveraging the power of open banking, we are taking a significant step towards providing our customers with a more convenient and secure payment experience in our new payment application MyGuava. This collaboration aligns perfectly with our commitment to delivering innovative solutions simplifying financial transactions."

“We're delighted to team up with Guavapay to make topping up through MyGuava super easy and secure, it's great to see this commitment to driving innovation in payments and providing customers with better, fairer financial experiences,” said Stefano Vaccino, CEO and Founder at Yapily.

About Guavapay:

Guavapay is a financial technology company that offers payment solutions to individuals and businesses globally. Founded in 2017, Guavapay has quickly grown to become one of the companies with the strongest technological infrastructure in the fintech industry, with a presence in the United Kingdom, EU, Canada and the USA.  The company offers a comprehensive suite of payment services, including cross-border payments, acquiring, and card issuing, and Payments-as-a-Service solution and payment application MyGuava.

MyGuava combines the functionalities of multiple financial apps, making it the ultimate all-in-one solution for all your payment needs, whether you need to make a secure purchase, send money to friends and family worldwide, or provide business payments. MyGuava customers can open accounts in multiple currencies including EUR, GBP, СAD and CHF.

MyGuava is now available for download on both iOS and Android platforms.

About Yapily:

Yapily is Europe’s leading open banking infrastructure platform solving a fundamental problem in financial services today: access.  

It securely connects its customers to thousands of European banks allowing them to access financial data and initiate payments. In this way, Yapily enables innovative companies to embed the power of open banking into their products and services, creating better and fairer financial services for everyone.  

Yapily’s customers range from disruptive fintech to industry leaders operating in a number of verticals. It counts Intuit Quickbooks, Pleo, Zilch and American Express among hundreds of businesses using its platform today. To date, Yapily has raised $69.4 million in funding, employs over 200 people worldwide, and continues to scale across Europe.