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

Nicky Cain's bakery gets UK Small Business Awards 2025 nod

A mum of two who began baking to help overcome an alcohol addiction has turned her hobby into a successful business

Read More
Fragrance and lifestyle manufacturer eyes international growth with NPIF II funding

A family-run fragrance and lifestyle manufacturer, which is headquartered in Chester and works with brands such as John Lewis, National Trust and TK Maxx, has secured a six-figure boost which will enable it to invest in future growth

Read More
Chester butcher set to celebrate 50 years at city market

A butcher based in Chester Market is set to celebrate 50 years of trading later this month

Read More