Yapily, an open banking infrastructure provider, has appointed Noam Oren as chief technology officer.

A seasoned tech industry veteran from Payoneer, Noam brings to Yapily over two decades of experience in cross-border payments, meeting the needs of enterprise companies, and scaling global organisations. 

In his last role, he contributed to the company’s growth from the seed stage to a successful IPO in 2021.

In his new role, Oren will be responsible for setting long-term platform strategy by scaling Yapily’s open banking products and services. He will be integral to bridging technical vision with business goals, supporting Yapily’s growth plans as the company continues to scale and enter new markets across Europe. 

The appointment follows Yapily’s recent agreement to acquire leading German open banking platform finAPI and several new strategic partnerships with the likes of OpenPayd, Two and Yonder. 

“Over the last few years I’ve watched Yapily evolve from a disruptive new market entrant into the open banking platform of choice for hundreds of businesses across Europe,” said Oren.

“Whether it’s accessing financial data or initiating faster and more secure payments, it’s exciting to see consumers and businesses benefitting from the enhanced user experience Yapily is enabling its customers to build. 

“I can’t wait to start working with the team and join Yapily’s mission to become the central nervous system of the open economy.”

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Stefano Vaccino, founder and CEO at Yapily, added: “As Yapily and the wider open banking ecosystem continue to grow rapidly, mainstream adoption is simply no longer a case of if, but when. 

“Noam’s expertise will help to strengthen our position as a European leader and accelerate the delivery of better and more innovative financial services to millions of people.”

Oren will succeed Joao Martins, who moves to payments company KodyPay.

“Having made significant contributions to Yapily’s success, I am very grateful for Joao’s partnership and wish him all the best in his new venture. At the same time, I am incredibly excited to welcome Noam to the team and look forward to this new chapter,” added Vaccino.