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 hospitality tech firm Hop Software launches HopLite

A Chester hospitality tech firm is helping pubs and small accommodation providers go green

Read More
Cheshire Business Angels network launches in Cheshire

A new investor network is offering more than just financial backing for Cheshire businesses

Read More
H Beauty welcomes popular Chester beauty firm into new home

The owner of a beauty salon which has joined the newly opened H Beauty in Chester has said it is ‘dream come true’

Read More