Open banking specialist secures PayPoint investment

A Chester-based consumer and business credit reporting and open banking platform has secured investment from PayPoint in a deal which provides an exit for Maven Capital Partners.

AperiData is an FCA authorised credit reference agency and open banking provider that supports financial assessments, credit scoring and lending processes.

The investment enhances PayPoint’s multichannel payments offering by adding open banking services, delivering improvements to customer experience and making it easier for organisations to access data for the benefit of their customers. 

Nick Wiles, chief executive of PayPoint, said: "This investment will enable PayPoint to continue its diversification to digital and enable further growth in open banking, which is one of our key building blocks to delivering £100m EBITDA by the end of FY26."

For the full story, see Insider Media

Read our other news

Business Tapas Workshop Mini-Series

Hands-on workshops covering topics like personal branding, social media, photography and video production, AI and beyond.

Read More
Purple Tuesday - 12th November 2024

Purple Tuesday takes place on the first Tuesday of November each year and serves as a celebratory day, promoting accessibility and inclusivity

Read More
Supporting employers to develop their own low carbon plans

Supporting employers to develop their own low carbon plans

Read More