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Figures from Innovate Finance show the amount invested in UK fintech rose 24% in the first six months of 2022, while globally, investment is levelling off.
Co-founder Marlene Garayzar is the first Mexican woman to have founded a unicorn technology startup in the country.
Through the partnership, the bank’s customers will be able to securely share data with their other financial apps.
As part of the expansion, there are two new direct implementation options for partners, ‘Partner Linked’ and ‘Partner Direct’.
Barclay joins from Swedish fintech Trustly, where he spent three years, and has also served as a senior policy advisor in the UK Cabinet’s open innovation team.
The new feature, which launches in the UK first before rolling out to Europe, intends to simplify the payments process for merchants.
She has left Equifax, where she was CEO of AccountScore, to lead the digital lending platform.
Find out which Open Banking pioneers and innovators were recognised at the ceremony in London.
OBConnect CEO Darran Morford called PayPoint “a natural partner” as it seeks to expand its Open Banking solutions.