back Back

Allica Bank taps Yapily to power real-time SME account top-ups

By Gloria Methri

April 11, 2025

  • Account Top-Ups
  • Allica Bank
  • Business Banking
Share

Allica BankYapily has partnered with Allica Bank to simplify account funding for UK SMEs by enabling fast, seamless top-ups through open banking technology.

Through this collaboration, Allica Bank has integrated Yapily’s open banking infrastructure into its Business Rewards Account, allowing business owners to top up their accounts securely, in real time, and without ever leaving the Allica app. With just a few taps, users can authorise payments from connected bank accounts, eliminating the need to re-enter account details or wait for transfers to clear.

This partnership is a significant step in Allica Bank’s mission to deliver modern, tech-driven solutions tailored for established SMEs. Backed by Yapily’s extensive bank coverage across the UK and Europe, the move ensures that Allica’s business customers can now spend less time on admin and more time on what really matters—growing their businesses.

CEO and founder Stefano Vaccino said, “At Yapily, we believe in driving meaningful innovation that makes a difference for businesses and their customers. This partnership allows Allica Bank to bring the speed, simplicity, and security of open banking to their SME customers, empowering them to manage their finances with greater efficiency. We greatly value Allica Bank’s trust in our capabilities and are delighted that they see open banking as a core enhancer of their products. By removing manual processes and reducing errors, we are not just helping Allica Bank’s customers save time but allowing them to focus on growing their businesses.”

Allica Bank’s Product Director for Payments, Nida Sattar, emphasised the customer benefit, saying, “Business owners are busy people. It is why, when it comes to their bank, our focus is on how we can make life easier for our customers, alongside the human support they get from their relationship manager. Being able to easily and quickly top up your account, rather than faffing around with manual payments, is one great example of this. And using open banking in this way provides important security benefits for our customers, too.”

“Yapily has been great to partner with on this. They totally got what we wanted to do, and we’re already exploring how else we can deepen our use of open banking further with our current account and other products.”

Previous Article

April 11, 2025

AI in Middle East banking could add 13.6% to GDP by 2030, reveals report

Read More
Next Article

April 11, 2025

The Weekly Wrap: all you need to know by Friday COB | April 11th

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 04, 2025

Plaid raises $575m in funding led by Franklin Templeton

Read More

April 03, 2025

Yavrio expands open banking in the U.S., integrates with top 5 banks

Read More

April 01, 2025

Backbase and Salt Edge partner to accelerate open banking compliance

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2025
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q1 2025
Know More
Treasury & Capital Markets Systems Report Q1 2025
Know More