Yapily Joins Lithuanian Fintech Association
The UK open banking platform has joined the Lithuanian Fintech Association through its Lithuanian entity, its European hub.
Updated on Nov. 12, 2026 in Financial Services
Yapily, a UK-based open banking platform providing programmable payments and financial data in the UK and Europe, has joined the Lithuanian Fintech Association. The membership was announced on LinkedIn.
Why it matters
The move reflects the Lithuanian entity's role as Yapily's European hub, set up after the UK's decision to leave the EU. It places the company within a national fintech network as open banking infrastructure expands across Europe.
Yapily was founded in 2017 and its Lithuanian entity received its regulatory licence in December 2020, about three years later. The source does not disclose current revenue, customer counts, or membership terms.
The players
Yapily
A UK-based open banking company founded in 2017 that provides programmable payments and financial data across the UK and Europe.
Lithuanian Fintech Association
The national trade body representing financial technology companies operating in Lithuania.
The details
Yapily provides open banking infrastructure that lets businesses access bank data and initiate open banking payments. Its customers include Google, Adyen, Revolut, Intuit QuickBooks and Allica Bank.
Timeline
December 2020: Lithuanian entity receives its regulatory licence.
2025: Yapily reports improved revenues and profits and has been profitable since.
October 2025: Yapily announces a collaboration with Google for business bank account verification in Europe.
July 2026: Wollette partners with Yapily to fund wallets through Open Banking.
12 November 2026: Yapily joins the Lithuanian Fintech Association.
Market Landscape
Yapily's relocation of its European hub to Lithuania followed the UK's exit from the EU, a pattern many UK fintechs adopted to keep EU market access. Joining a national fintech association extends that European positioning within the open banking sector.
For consumers, Yapily's open banking infrastructure underpins services that let users connect bank accounts and make payments through apps such as those from Revolut and Google. Its EU footprint may affect how those services are offered across European markets.
The takeaway
Open banking is moving from pilot projects into mainstream payment and verification services, and firms like Yapily are building the European infrastructure behind it. Watch which regulated markets these companies prioritise next.
Further reading
Explore more Financial Services coverage on Wisevoter.
Source note: This article includes information reported by Thepaypers.
