Pleo: Partners with Yapily
- Pleo, which offers a smart business spending solution formed a strategic partnership with open banking platform Yapily
- Research shows that 82% of businesses that fail do so due to poor cash flow management
- Users can now top up their account directly from their bank account
- This allows customers to receive funds instantly, side-stepping lengthy settlement times at an average of 48 hours
- As a result, businesses and employees across Europe can access faster cash injections where needed
- Yapily has enabled to process over £10 million in open banking payments
