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

Chester's Makers Market set to return to city on May 3

BARGAINS galore will return to Chester next weekend as the city’s Maker’s Market pitches up once more

Read More
Chester clothing brand BEPO finalist for business awards

A Chester clothing brand has been chosen as a finalist for a national small business

Read More
KD Beauty Clinic Cheshire wins prestigious industry award

A Middlewich beauty salon has been crowned one of the best in the North West for 2025

Read More