VibePay Opens Embedded Payment APIs to SMEs and Raises £1.25M

UK-based fintech VibePay opened up its payment APIs to small and medium-sized enterprises, enabling them to embed payment functionality directly into their platforms. The launch was originally planned for Q3 2020 but was brought forward, likely in response to increased demand for digital payment solutions during the early months of the COVID-19 pandemic. Alongside the API launch, VibePay secured £1.25 million in funding to support its expansion.

The APIs allow SMEs to integrate open banking-powered payments into their offerings, reducing reliance on traditional card networks. By providing embedded payment infrastructure, VibePay positions itself as a BaaS-adjacent enabler for UK businesses. The accelerated timeline underscores how the pandemic compressed digital transformation roadmaps across the fintech sector.

Financial terms beyond the £1.25 million raise were not disclosed.