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Vyne

Open banking payments platform

Vyne logo
21-100 employees
  • Fintech
  • B2B
  • Payments
  • Financial Services
  • eCommerce
Holborn, London, UK

Company mission

To improve the way eCommerce retailers get paid online.

Top investors

-31% employee growth in 12 months

Our take

Open banking has significantly disrupted the fintech sector, particularly transforming the online payment process. The traditional input of bank card details for online transactions is evolving into a streamlined authorisation step, enhancing transaction speed and bolstering safety for merchants and customers alike. Vyne, among a select group of start-ups, is actively working to assist merchants in integrating this innovation into their platforms.

Vyne primarily operates in the UK, a market at the forefront of embracing open banking, with over 5M residents already relying on such services. Despite the advanced status in its home market, expanding globally presents challenges. Other major regions lag in adopting similarly favourable regulatory structures, with indications that the US market, in particular, may take up to a decade to fully embrace open banking solutions.

Navigating the landscape of open banking expansion requires finesse, especially considering the varying regulatory landscapes across different regions. While the UK serves as a testament to the transformative impact of open banking, the road ahead for startups like Vyne involves strategic consideration and patience as it seeks to bring the benefits of streamlined payment processes to a broader international audience.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Funding (1 round)

Sep 2021

$15.5m

Total funding: $15.5m

This company has top investors

Leadership

Has 25 years of experience in Payments and eCommerce, having held various Senior positions at Barclaycard, Ladbrokes, and Worldpay.

With vast experience in payments technology, they served as the VP of Application Development at Worldpay for 8 years before making a move to Masabi to head up Product & Engineering.

Diversity, Equity & Inclusion at Vyne

Adam Rowland (Founder)

  • We always operate with trust, humility and humour. We only hire the best so we expect and reward success.
  • We are big on diversity and inclusion and our team can expect all the flexibility, tools and support they need to thrive.
  • Culture is central to everything we do at Vyne and is built on the pillars of being bold in our ideas, open and honest at all times, and trusting in our colleagues.
  • Freedom to bring and develop your ideas.

Endorsements

All

Hard working team (2)

Focus on employee wellbeing (2)

Opportunities to learn (1)

Autonomy (1)

Open and honest communication (1)

Supportive management (1)

Great work is recognised (1)

Flexible working (1)

Team energy (1)

Innovative product (1)