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Yolt
Open banking and PDS2 provider
- 21-100 employees
- B2B
- Enterprise
- Banking
- Payments
- Financial Services
- SaaS
- City of London, London, UK
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Company mission
Yolt is on a mission to bring the power of open banking to businesses across Europe.
-49% employee growth in 12 months
Our take
PSD2 legislation allows businesses to develop open banking services and access data from financial institutions to assess the risk of financial fraud. Whilst this technology is available to any UK business, the required specialized fintech programming assistance is expensive, convoluted, and difficult to learn.
Yolt provides API tools that allow businesses to integrate open banking services into their financial infrastructure, providing frameworks for open banking Payment Initiation Services (PIS) and Account Information Services (AIS). The combination of these services allows businesses to allow their customers to purchase directly through their webpages and applications, whilst the business accesses account data to facilitate smart financial decisions, assess risk, and reduce the likelihood of fraud.
Whilst PSD2 legislation for open banking has been present for many years, Yolt has simplified the development, maintenance and deployment of open banking financial tools by developing an API dedicated to the concept. The company claims to have the greatest number of API connections to European banks with over 600 connections and coverage of over 80% of bank accounts in supported countries.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Flexible hours
- Amazing future potential as we continue to scale and grow
- Competitive remuneration and benefits
- Training and professional certification opportunities
- Inspiring, entrepreneurial environment with an ambitious vision for the future
- Supporting, fun-loving team of highly skilled people
- A challenging job within a future-forward Fintech committed to creating a movement of positive disruption
Leadership
Pauline van Brakel
(CPO)Experience as Senior Marketer for ING from 2011 to 2015. Co-founded Yolt in 2016 as CCO.