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To improve the way eCommerce retailers get paid online.
-31% employee growth in 12 months
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
Company Specialist at Welcome to the Jungle
Sep 2021
$15.5m
This company has top investors
Karl MacGregor
(CEO)Has 25 years of experience in Payments and eCommerce, having held various Senior positions at Barclaycard, Ladbrokes, and Worldpay.
Adam Rowland
(CTO)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.
Adam Rowland (Founder)
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)
Vyne has, by far, the best company culture that I have experienced. We value hard work but also team work and friendship. The managers are all very supportive and you always feel like you're working towards something very special! We are encouraged to ask questions and to learn from one another
Sales & Account Management
Open and honest communication
Apr 2022
It's easy to balance work and home life with flexible working options. Managers are supportive of mental health and we have several health and well being perks. We also have a number of socials throughout the year
Sales & Account Management
Focus on employee wellbeing
Apr 2022
Managers give us autonomy to be creative and to work in a way that suits each individual. We have regular check ins, personal development session and access to training materials. Managers at Vyne always welcome feedback and are good team players too
Sales & Account Management
Supportive management
Apr 2022
As a co-founder it is wonderful to see such hard and rewarding work being delivered by the Team. Everyone is united in the cause of delivering perfect payments and disrupting the payment industry in favour of merchants and consumers.
Operations & Strategy
Hard working team
Apr 2022
One of the founding tenets of Vyne is "we want to work with people we actually want to work with." To want to come to work every day and enjoy it means the Team have to be happy and enjoy what they are doing. I keep a very low radar on Team mates' happiness and well being and will never place work needs above causing a Team members well being to be affected.
Operations & Strategy
Focus on employee wellbeing
Apr 2022
Curiousness and execution! Everyone on the Team is acutely curious and resolute in doing, inspecting and adapting until we have delivered a real product that solves real world problems and that no one else has done yet. Of course, we get copied but imitation is the sincerest form of flattery after all!
Operations & Strategy
Innovative product
Apr 2022
The entire team is focused on achieving the same goal and we're all passionate about making Vyne a success. What's better, most of the company remote work and yet there is still a great team spirit and drive to succeed.
Marketing
Team energy
Apr 2022
Vyne is remote-first and means I am able to live away from the office without the worry of relocating. Autonomy is encouraged so I am free to work the hours I choose when life gets in the way. Much happier this way.
Marketing
Flexible working
Apr 2022
The team has grown considerably in the last 6 months and everyday we see the results of having the higher headcount and the entire team putting in 100%. This is incredibly motivating as we all feel we are working towards the collective goal of making Vyne a success.
Marketing
Hard working team
Apr 2022
Vyne provides each employee with a generous learning and development budget. The nature of the start-up means that there are always opportunities to get involved in wider business projects and learn new skills.
Marketing
Opportunities to learn
Apr 2022
Having been at Vyne for over a year, each and every team member has the autonomy and trust to run with projects. It's all about testing, learning and improving.
Marketing
Autonomy
Apr 2022
Vyne values its team members contributions and good work never goes unnoticed. They're proactive when it comes to celebrating employee wins and the senior management always take the time to reflect on growth and progress made.
Marketing
Great work is recognised
Apr 2022