Open Banking infrastructure provider Yapily has launched in Spain, with plans to build a local team in the country, following its recent $51 million Series B fundraising round.
Yapily already covers more than 95% of Spanish bank accounts, both retail and corporate, at 52 banks, representing near total market coverage for the deployment of Open Banking-enabled products and services.
Angel Salamanca, is Yapily’s country lead for Spain and was previously responsible for Banco Santander’s Open Banking services strategy and its integrations with fintech and non-financial companies.
Prior to that, he worked at the BBVA and PwC.
Salamanca said: “With a focus on rapid growth, Spain’s fintech firms are looking for scalability, innovation and opportunities for international expansion.
“Yapily’s Open Banking infrastructure can provide them with all of these, as well as the tools to build better products and services. Our infrastructure is API-first, secure, reliable and delivers a great developer experience.”
He added: “Yapily is content to remain in the background – invisible to end users and putting our customers in control and at the forefront in creating better user journeys and experiences.”
In September, Yapily established operations in France, appointing Julien Lamour as country manager in France and Mohsen Dajani as head of sales.