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

OPAL Treasurer Vacancy

OPAL offers accessible, enjoyable and enabling activities for older people in rural West Cheshire, in order to prevent isolation and loneliness.

Read More
Council funding boost powers community ideas through Cheshire West Crowd

From greener sports facilities to new opportunities for young people to get active, a fresh round of Council funding is helping community projects across Cheshire West and Chester make an even bigger impact.

Read More
Funding now open for community projects tackling the climate emergency

Cheshire West Crowd has local community projects live and fundraising — and there is a special call for ideas that help tackle climate change.

Read More