Payhawk has announced that it has aligned itself with open banking API Yapily to enhance their Payhawk wallets.
The fast-growing spend management platform, which combines company cards, reimbursable expenses, and accounts payable in one solution, is making the move to create a seamless and instant payment experience for finance teams when upgrading their Payhawk wallets.
The integration will allow users of the London-based PayTech to easily top up their debit accounts and repay credit accounts from a linked bank account.
Guy Sear, Payhawk Commercial Director UK says, “We are thrilled to partner with Yapily to use open banking to enhance the fund top-ups experience within the Payhawk platform.
“Through this collaboration, Payhawk continues to eliminate manual processes and create efficiencies for Finance teams in the Netherlands through an integrated all-in-one spend management solution.”
Yapily’s extensive bank coverage and single API integration means that Payhawk customers are happier than ever due to the raft on innovative features – including users now having the ability to track deposits into the platform, adding to the service’s transparency.
Stefano Vaccino, Yapily Founder and CEO says, “We are really excited to partner with such a fast-growing company like Payhawk.
“It’s a privilege to help them expand their open banking service in the Netherlands, UK, and other key European markets.
“This best-in-class fintech innovation partnership can unlock the massive potential of open finance to unleash further growth for both companies. I can’t wait to see what more we can achieve together in the upcoming years.”
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