Volopa and Yapily: Transforming Finance Through Open Banking
In a world driven by rapid technological advancements, financial institutions constantly seek innovative ways to enhance the user experience for their clients. Volopa, a London-based FinTech company, has taken a significant step towards this goal by partnering with Yapily, a leading open banking API provider. This strategic collaboration promises to revolutionise the funding experience for Volopa’s UK clients, simplifying payment processes and offering a seamless financial journey for finance teams.
Volopa has been at the forefront of simplifying financial transactions for its clients.Yapily’s support has taken this commitment to a new level. Now, Volopa clients can fund payments and top up their company wallets without ever leaving the Volopa platform. This seamless integration eliminates the need for complex, manual transactions, making financial management effortless.
The Easy Transfer feature, powered by Yapily Payments, connects clients directly to their bank accounts to authorise transfers. CFOs, FDs, and Treasurers can load company wallets and fund international payments through a user-friendly embedded journey. The process is swift and secure and enhances operational efficiency, demonstrating the power of open banking in today’s digital finance landscape.
Enhancing User Experience
Volopa’s new Open Banking feature aligns perfectly with other platform aspects, providing a comprehensive user experience. Cards & Expense Management complements the ‘Fund Wallet Reminders’ by promptly notifying clients if their balance drops below their preferred level. This feature empowers clients to top their wallets effortlessly, ensuring they control their finances.
Moreover, this integration allows clients to utilise Volopa’s capability for same-day international payments efficiently across a wide range of payment corridors. It expands the possibilities for businesses seeking to engage in cross-border transactions, providing them with a competitive edge in the global marketplace.
The Vision of Volopa and Yapily
The collaboration between Volopa and Yapily is poised to have a transformative impact on the financial landscape. Initially launching in the UK, this partnership has ambitious plans to expand into key markets in the European Economic Area (EEA). The aim is to streamline and expedite payment processes for small and medium-sized enterprises (SMEs) on a large scale, making international transactions as effortless as domestic ones.
Yapily’s extensive open banking API connectivity and real-time bank access are crucial in making this vision a reality. The seamless integration between Volopa and Yapily has already begun benefiting UK-based Volopa Business clients, supporting 60 banks under this feature when the funding currency is GBP or EUR.
Conclusion
In the rapidly evolving world of finance, partnerships like the one betweenVolopa and Yapily exemplify the potential of open banking technology. They are redefining how businesses manage their finances by simplifying the funding journey and enhancing the user experience. As this collaboration expands into new markets, it promises to empower even more clients with efficient, secure, and hassle-free financial transactions. Volopa’s commitment to staying at the forefront of financial technology innovation is evident, and it’s a testament to their dedication to providing cutting-edge solutions that meet the evolving needs of their users. Volopa and Yapily ensure that every moment counts in finance in a world where time is money.
