Yapily expands partnership with BUX into France and Austria

By Megha Bhattacharya

European neobroker BUX has extended its partnership with enterprise connectivity platform Yapily to France and Austria. The new collaboration will enable French and Austrian BUX Zero users, along with German users to fund their accounts and build an investment portfolio.

Nick Bortot, Founder & CEO of BUX said, “Efficiency and high usability are the core of BUX Zero, which we clearly prove by integrating the Yapily API.

“We are constantly looking for innovations to make the investment experience of our digital native customers even easier. This new generation of investors needs an investment experience that fits their mobile lifestyle. BUX Zero is the first choice for these investors because it offers the right solution for this target group. In the long term, we want to launch BUX Zero throughout Europe and with Yapily, we can best adapt to local markets.”

The integration of Yapily’s open banking API enables BUX Zero to enhance customer experience, thus speeding up the process in making deposits to their BUX Zero accounts. The expansion of the partnership also aims to consolidate Yapily’s position in Europe.

Recently, Yapily teamed up with KashFlow, by IRIS Software Group, to enable the former’s customers to gain real-time insight into their cash flow and provide them with a frictionless end-to-end bookkeeping service.

Stefano Vaccino, CEO of Yapily said, “We are pleased to announce the extension of our partnership with Bux to France, which is in line with our pan-European strategy. Drawing on our open banking expertise, we have rolled out connectivity in three countries – Germany, France and Austria – which allows regional Bux Zero users to receive a better in-app experience. Across Europe, we have seen increasing demand to provide robust infrastructure to support our customers in rolling out the benefits of open banking beyond their native market. We look forward to continuing our work with Bux across Europe.”