Yapily appoints former Stripe and Google executive as the new CCO

By Megha Bhattacharya

Enterprise connectivity platform Yapily has announced the appointment of Ian McDougall as the new Chief Commercial Officer. He will be responsible for driving Yapily’s mission to strengthen its infrastructure platform for Open Banking across Europe and beyond. The appointment comes one month after the company announced its Chief Operating Officer (COO), Martin Threakall, to lead the company’s European expansion.

Iain McDougall, Chief Commercial Officer for Yapily said, “I am incredibly excited to join Yapily at this pivotal moment for both the company and the industry. The opportunity for Open Banking is immense. I see it very much, as where we were ten years ago with public cloud services – a generational change to the way an essential industry operates. And banking is just the start. The coming years will see similar transformations in terms of openness and transparency to many other industries.”

“Yapily is uniquely positioned to drive this change and capitalise on the opportunity through the purity of its technological approach. This is genuinely unique in the market and I could not be more delighted to be here.”

Previously, McDougall was the Country Manager and Executive Director at Stripe, where he led the UK and Ireland as Stripe’s first and largest region outside the US. He was also the Head of Sales at Google Cloud in both the UK and Australia/New Zealand, where he played a key role in the early definition of the business before leading through periods of hyper-growth.

Stefano Vaccino, Chief Executive Officer for Yapily said, “We are delighted to welcome Iain to the team. We are bringing together leading experts to supercharge Yapily’s growth and Iain’s experience in global expansion and building strong like-minded teams, will help Yapily scale to new heights this year.”

Recently, FinTech Yapily announced plans to set up in Vilnius, the company’s third European office. The company stated that it will hire up to 30 people in Vilnius in the coming months. It is currently recruiting for compliance, engineering, product, and operations roles. Its Lithuanian entity received the regulatory license in December 2020, prior to the UK leaving the EU, and is now focused on its expansion plans.