Guavapay teams up with Yapily to redefine top-ups through open banking


Guavapay, a FinTech firm based in London, has teamed up with Yapily, a market leader in open banking infrastructure.

The collaboration aims to provide a smoother, more efficient user experience across Guavapay’s new payment platform, “MyGuava”, by capitalising on Yapily’s innovative open banking technology.

A London-based FinTech entity, Guavapay is dedicated to developing cutting-edge financial solutions for its consumers. Their recent product, “MyGuava”, stands as a testament to their commitment to innovation.

Yapily: Yapily is renowned for its leading open banking infrastructure, ensuring robust and secure platforms for financial integrations. Their offerings prioritize user experience, simplifying financial transactions and operations.

Guavapay will seamlessly incorporate Yapily’s open banking platform API into the “MyGuava” ecosystem. This will allow users to effortlessly and securely pull funds directly from their chosen banking institutions into their “MyGuava” portfolios.

Through the integration of open banking, the traditional and often tedious methods of fund transfers, such as manual data entry of bank account details, are eradicated. This promotes a reduction in data breach risks, optimises the payment procedure, and conserves the precious time and energy of “MyGuava” users.

Additionally, the feature facilitates “MyGuava” customers to promptly kick-start top-up transactions with mere clicks. Guavapay, with Yapily’s solid API-driven platform, guarantees a fluid and protected funds transfer, augmenting user satisfaction and cementing customer allegiance.

Guavapay’s Chief Information Officer Javid Mahmudzade said, “We are thrilled to partner with Yapily to enhance our card top-up capabilities… By leveraging the power of open banking, we are taking a significant step towards providing our customers with a more convenient and secure payment experience in our new payment application MyGuava. This collaboration aligns perfectly with our commitment to delivering innovative solutions simplifying financial transactions.”

Yapily’s CEO and Founder Stefano Vaccino expressed, “We’re delighted to team up with Guavapay to make topping up through MyGuava super easy and secure, it’s great to see this commitment to driving innovation in payments and providing customers with better, fairer financial experiences.”

Keep up with all the latest FinTech news here

Copyright © 2023 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.