Uncapped teams up with Yapily to scale funding for businesses

By Gloria Methri

Yapily has partnered with Uncapped, a FinTech that provides working capital funding to scaling brands retailers and merchants across the UK, EU, and the US.

Uncapped will leverage Yapily’s open banking technology to gain a clearer understanding of client finances, thereby providing cash more quickly. This enhanced capability benefits the end customers, granting them quicker access to capital and thus bolstering their competitive edge.

Yapily’s query response is also faster than Uncapped were previously able to access, regularly receiving thorough and detailed responses within a day. This resulted in response time doubling in speed, which meant a much quicker experience for Uncapped end users.

Yapily’s extensive banking coverage and geographical reach have been crucial in supporting Uncapped’s expansion plans.

“Yapily has enabled us to further our penetration in existing markets. For example, in the UK, we can connect with far more banks than our previous provider allowing us greater coverage in our domestic market,” said Piotr Pisarz, Uncapped CEO and Founder. “In addition to existing markets, the outlook is promising for new territories as Uncapped looks to launch new markets soon.”

Stefano Vaccino, CEO and Founder of Yapily, added “This partnership portrays the power of our open banking platform coming to life to drive better and faster funding to businesses, enabling them to grow globally. Yapily is designed to empower our clients with speed, efficiency, and expansive bank connectivity across Europe. We are excited to see how this partnership evolves and continues to break new ground in the lending sector.”

The shift to Yapily was a strategic move by Uncapped to embrace a more advanced technological infrastructure and proactive problem-solving capabilities. “The transition to Yapily reflects our commitment to leveraging the most effective solutions in the market. Their superior technology and responsive support are pivotal in enhancing our operational efficiency and adaptability,” said Pisarz.