Mifundo and Yapily bring open banking data into cross-border credit assessment. * Banking * 16.09.2026 11:02 am Mifundo, the pan-European credit data platform, and Yapily, an open banking infrastructure provider, are partnering to support more complete credit assessments for people whose financial histories span multiple European countries. Europe has 45 million mobile Europeans, and an estimated €719 billion cross-border consumer lending market, yet consumer credit information remains fragmented between countries and data sources. A person may have years of credit history in one country, bank accounts in another and apply for credit in a third. For the assessing bank, building a complete financial picture of that customer can be difficult. Mifundo addresses this by bringing together financial information from credit bureaus and open banking providers across European countries into one standardised cross-border credit report. Verified credit data is obtained through Mifundo's network of credit bureaus and registers, while open banking providers give access to relevant bank account information with the customer's consent. Yapily is one of the open banking partners contributing to Mifundo's ecosystem. Through the partnership, Mifundo can access enriched and categorised consented bank account information via Yapily's Data Plus product and combine it with verified credit data from relevant European markets. For lenders, this means different sources of financial information can be delivered together in one standardised report rather than collected and interpreted separately. "Cross-border credit assessment requires more than one type of financial data. Credit bureau data shows how a customer has managed credit over time, while open banking data provides additional insight into their current financial situation. Mifundo brings these different data sources together across countries and standardises them into one report that banks can use in their credit assessment. Yapily is an important partner in providing open banking connectivity within that wider ecosystem." Kaido Saar, Founder and CEO, Mifundo Building pan-European coverage requires strong knowledge of the local provider landscape. Mifundo works with specialised partners based on where they have the strongest expertise and coverage. Yapily's open banking infrastructure and proven strength in several key European markets as well as their strong SME and corporate account coverage makes it an important partner in Mifundo's wider open banking network. "Open banking has an important role to play in making financial data more accessible across borders, and to do that, it needs data that is ready to act on the moment it lands, not a raw feed that still has to be interpreted. Our Data Plus product delivers bank account information already categorised and enriched, complementing credit bureau information and helping lenders build a more complete view of customers with financial histories across different countries. We are excited to be partnered with Mifundo and to contribute to a solution addressing a real challenge for European lenders." Irene Brime, Director of Sales EMEA in Commercial, Yapily The partnership is particularly relevant as the revised Consumer Credit Directive (CCD2) comes into force across the European Union from 20 November 2026. Article 6 introduces a non-discrimination principle for access to consumer credit, including based on a consumer's place of residence. By connecting verified credit information across European markets and complementing it with open banking data from partners including Yapily, Mifundo is building the infrastructure needed to make financial histories more portable and usable across Europe.

Wollette partners with Yapily to enable sweeping VRPs for wallet funding. Wollette, the integrated commerce platform connecting merchants, consumers, and banks, has announced its use of Yapily's Open Banking infrastructure to enable sweeping Variable Recurring Payments (VRP) for wallet funding and balance management. Wollette provides consumers with an interest-bearing wallet that can be used to save and spend. Through Yapily's sweeping VRP capability, customers can authorise automatic transfers from their personal bank account to their wallet whenever the wallet balance falls below a customer-defined threshold, without needing to manually initiate each transfer. Advancing account-to-account payments in everyday retail. Wollette gives merchants a suite of tools built around Open Banking, including a point-of-sale system, digital receipts, customer loyalty programmes, and data analytics. By combining the convenience consumers have come to expect from card-based payments with the efficiency of account-to-account infrastructure, Wollette is delivering a streamlined payment experience for consumers while helping merchants reduce payment acceptance costs. The integration with Yapily forms an important part of this experience by enabling customers to automatically replenish their wallet balance through customer-authorised sweeping VRPs. This helps ensure funds are available when needed while removing the need for repeated manual top-ups. The same experience extends online through Wollette's pay-by-link functionality, giving merchants a unified way to accept payments across channels while providing consumers with a simple and consistent payment experience. Yapily is an Event Partner of Open Banking Expo UK & Europe 2026, which takes place on 13-14 October at the Business Design Centre in London. Click here to find out more.