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

Bennett Brooks in Northwich offers free HMRC tax change help

A NORTHWICH accountancy firm is offering free help for those needing to meet HMRC’s new tax system.

Read More
Contractor appointed for 144-bed Chester hotel

AC1 Construction’s major projects division will build an Ibis Styles on the former Mecca Bingo site in the city centre for TAG Developments.

Read More
Rudy's reveals opening date for new Chester pizzeria

Rudy’s Pizza Napoletana has announced that it will fire up the pizza oven and officially open the doors to its new Chester pizzeria on Saturday, June 13, from 12pm.

Read More