OpenPayd and Yapily Partner to Simplify Embedded Payments via Open Banking

On June 6, 2022, OpenPayd and Yapily announced a partnership to provide a simplified payments experience through the integration of embedded finance and open banking APIs. OpenPayd, a financial infrastructure provider offering embedded banking and payments solutions, partnered with Yapily, an open banking connectivity platform. The integration allows businesses to benefit from streamlined payment initiation and account information services through a unified experience.

By combining OpenPayd's embedded finance capabilities with Yapily's open banking connectivity, the partnership reduces complexity for businesses seeking to embed payment functionality into their platforms. The collaboration reflects the growing convergence between embedded finance providers and open banking infrastructure. Financial terms of the partnership were not disclosed.