The London Technology team advised Lakestar Venture Capital on leading a series A investment round in Yapily Ltd alongside (amongst others) existing investors HV Holtzbrinck Ventures and LocalGlobe. The aggregate series A investment totals $13 million.
The fintech will use the investment to drive open banking adoption by organisations across Europe; providing a strong, secure and powerful connectivity layer that enriches customer experiences and creates financial opportunity.
Lakestar is one of Europe's leading venture capital firms investing in technology companies led by exceptional entrepreneurs. The team’s early investments included Skype, Spotify, Facebook and Airbnb.
For additional details on the financing, please read the press release.