Google and Open Banking infrastructure firm Yapily have partnered on the tech giant’s bank account verification services.
The services are targeted at business customers based in Europe.
Yapily supports a number of use cases, including instant account-to-account payments and Variable Recurring Payments (VRPs), data insight and transaction categorisation, real-time cash flow tools and personalised financial services for both retail and SMEs.
“I’m extremely proud that Google is working with Yapily to help deliver Google’s bank account verification services for business customers in Europe,” said Stefano Vaccino, Yapily founder and chief executive. “With Open Banking adoption predicted to grow significantly in the next few years, I’m excited to see what the future of this strategic collaboration holds.”
The move comes as Open Banking adoption continues to rise across Europe.
According to figures from Open Banking Limited (OBL), the Implementation Entity which built the the UK’s Open Banking standard and industry guidelines, Open Banking payments now total £29.9 million per month across England, Scotland, Wales and Northern Ireland
Nearly one in four adults and SMEs now use the technology.
As of May 2025, the Open Banking sector has seen 70 per cent growth in payments and is now worth roughly £4 billion to the UK economy.
Yapily recently hit profitability, significantly increasing its revenue in the past nine months.
The company is now also serving a number of major new companies, including Adyen and Allica Bank, as well as its long-standing partners Intuit QuickBooks, Pleo, Zilch, and Ant Group.
Yapily partners can connect to over 2,000 banks in 19 markets across the UK and Europe.
