Yapily, a London-based open banking startup, has raised $13 million in Series A funding, to drive further adoption of the platform across Europe.

The funding was led by Lakestar — an early investor in Skype, Revolut and other firms —  along with existing investors, including HV Holtzbrinck Ventures and LocalGlobe, according to a press release. Angel investors in Yapily include Transferwise chairman Taavet Hinrikus; Ott Kaukver, the CTO of Twilio; Roberto Nicastro, the former deputy CEO of UniCredit and Frank Strauss, the former CEO of Deutsche Postbank. 

"We believe open banking is a force for good," Stefano Vaccino, founder and CEO of Yapily, said in the release. "Using our API and infrastructure, we're not only providing our partners with strong and powerful connectivity to boost their user experiences. But we're also giving their customers, whether they are consumers or businesses, greater control of their finances, through the creation of products and services which can fuel greater financial management and accessibility."

At one of its customers, Intuit's QuickBooks, the Yapily API is allowing customers to get real-time insights into their cashflow.