The startup offers a digital banking platform that utilizes a blockchain-inspired, cloud-native infrastructure to analyze customer transactions. By providing actionable financial recommendations, the platform helps users manage their monthly finances and achieve sustainable financial goals.
Funding
$11.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
AFounders
Product
Problem
Traditional banking solutions often lack the flexibility and integration capabilities required by modern businesses, leading to inefficiencies in financial operations and missed opportunities for customer engagement. Integrating financial services directly into existing business workflows can be complex and costly.
Solution
YAPEAL provides a cloud-native, modular embedded finance platform that enables businesses to seamlessly integrate financial services into their existing products and customer journeys. Through a suite of RESTful APIs, YAPEAL offers solutions for business accounts, expense management, card issuing, and payments, all within a robust regulatory framework. The platform's modular design allows businesses to select and integrate only the services they need, reducing complexity and cost. By embedding financial services, businesses can enhance customer engagement, streamline operations, and unlock new revenue streams.
Target Audience
YAPEAL targets financial intermediaries, corporates, and technology companies seeking to embed financial services into their products, streamline operations, and enhance customer engagement.
Features
- Swiss business accounts with self-created or virtual IBANs
- Expense card solutions for efficient expense management and control
- Cards-as-a-Service for personalized customer engagement and retention
- Digital Identification (KYC) for seamless and compliant customer onboarding
- Real-time monitoring and reporting capabilities for enhanced visibility
- Domestic and international payments with attractive FX rates
- RESTful APIs for seamless integration into existing systems
- FINMA regulated and compliant, ensuring the highest levels of security and transparency
- Client funds held at the Swiss National Bank (SNB)