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

Safety Shield Global given boost by major investor

A technology firm has secured major backing to support its expansion

Read More
Bear Bakery in Chester included in list of best in the UK

A family-owned bakery in Chester has been named among some of the finest in Britain

Read More
The White Horse pub near Chester named in Top 50 Gastropubs

A popular pub near Chester has been selected among the top 50 gastropubs in the UK

Read More