PayPoint completes AperiData acquisition to strengthen Open Banking capabilities

Source: PayPoint

PayPoint has announced it has completed the acquisition of AperiData, strengthening its capabilities in Open Banking for customers.

AperiData is a real-time credit reference agency and Open Banking platform, focused on modernising the consumer credit market through the use of transaction-level data and advanced financial assessment tools.

Since first partnering in 2023, PayPoint and AperiData have worked closely to deliver innovative solutions that help organisations make faster, more accurate decisions while improving customer outcomes, including the modernisation of the consumer credit scoring market.

To date, the two organisations have jointly developed and deployed the Financial Information System (FIS) Customer Support Tool.

The full integration of AperiData into the PayPoint Group will enhance PayPoint’s multi-channel payments offering by embedding Open Banking capabilities into its existing services. The move reflects a shared commitment to innovation and financial inclusion, with AperiData’s mission focused on placing instant, accurate data at the point of decision to help organisations serve customers more fairly and efficiently.

As part of PayPoint Group, AperiData will continue to scale its solutions and expand its reach across the UK.

Simon Coles, MD for digital payments and Open Banking at PayPoint, said: “AperiData joining the PayPoint Group is an important step in broadening the services offered by the digital payments and Open Banking business unit.

“Combining Aperidata’s expertise in transaction categorisation and financial analysis with PayPoint’s payments platform will enable us to better support payment collection and arrears management for clients across multiple sectors, including financial services, social housing, local government, utilities and charities.”

PayPoint is an Event Partner of Open Banking Expo UK & Europe 2026, which takes place on 13-14 October at the Business Design Centre in London. Click here to find out more.

Further reading: SmarterPay adopts PayPoint’s CoP solution to help reduce fraud