“We prefer to remain on the sidelines,” says Yapily boss amid open banking consolidation
The CEO of Lakestar-backed UK open banking startup Yapily says the fintech prefers to “remain on the sidelines” amid expected further consolidation in the open banking sector. Yapily CEO and founder Stefano Vaccino made the comments as new figures show Yapily, an open banking infrastructure player which let businesses access bank data and initiate open banking payments, posted improved revenues and profits in 2025. Turnover increased year-on-year in 2025 from £6.7m to £16.7m while Yapily swung f