YTS (Yolt Technology Services)
Only 30% of the largest divestitures have created value and nearly 40% of deals destroyed value
Founded
2016
Company Size
51-200 Employees
Headquarters
Amsterdam, Netherlands and London, UK
About YTS (Yolt Technology Services)
YTS (Yolt Technology Services) is the leading open banking provider in Europe, building, managing, and maintaining AIS and PIS connections for top financial institutions and ambitious tech businesses. Built on the promise of Open Banking and PSD2, YTS is on a mission to innovate and drive the financial industry forward. From early on, YTS worked closely with the Open Banking Implementation Entity, other TPPs, and financial institutions to shape and launch Open Banking. YTS was the first ever TTP to successfully make an open banking API call. Just over two years later, YTS have now made over 338 million, accounting for 50% of all traffic.
Product / Service Description
YTS bring the power of open banking to your business: •Account Information Services (AIS): obtain transaction and balance information straight from the bank for accurate analyses, actionable insights and risks reduction. •Payment Initiation Services (PIS): enable your customers to transfer money and make online purchases all from within your environment. •Data enrichment: benefit from data enrichment bespoke to your business goals, from automatic income identification and expense forecasting to smart, feedback-sensitive categorisation
Solution Description
Yolt Technology Services is the leading open banking provider in Europe, building, managing, and maintaining AIS and PIS connections for top financial institutions and ambitious tech businesses. There are several type of businesses that can use YTS’s technology to deliver better financial services: banks willing to expand their services, from financial advice to loan and deal brokerage; lenders looking to reduce risk, speed up decision-making and reduce costs; financial managers who want to understand more their customers’ spending habits to advise them better; vendors interested in boosting sales by improving customer’s path to purchase; innovators who want to stay ahead of the competition by creating innovative services and solutions for your customers with open banking.
Customer Type
Consumers‎, Financial Institutions‎, Startups‎
Primary Markets
Europe‎
Primary Countries
France, Italy, United Kingdom
Primary Sector
Personal Finance, Tech Platforms/Solutions
Products Offered
Banking Platform / Solution‎, Payments‎, Personal Finance‎
Customers & Distribution
Banks
Suppliers & Partners
Banks
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