Yapily strengthens executive team with the OBIE’s Selene Brett

Yapily, the leading open banking infrastructure provider, today announces it has appointed Selene Brett as its Chief Legal Officer, where she will play a key role in expediting Yapily’s strategic growth plans.

Selene brings deep financial services, fintech, and open banking expertise to the role following an extensive career to date in legal advisory services. She has previously held positions at Aon, Royal London, consumer champion Which?, and most recently the Open Banking Implementation Entity (OBIE) as General Counsel and Company Secretary.

At Yapily, Selene will be responsible for leading the legal, risk, and compliance functions to deliver strategic advice, improve efficiency, and stimulate growth as the fintech company continues to scale its customer base and operations globally.

Speaking about her appointment, Selene says: “I am a huge believer in the transformative power of open banking for the benefit of consumers and businesses. It’s why I can’t wait to continue to play my part in the open banking ecosystem. Over the last five years, I’ve watched Yapily grow from a disruptive new market entrant into a market leading player. Card networks continue to monopolise the global movement of money and although open banking has shifted the ownership of and access to financial data, there is clearly much more to be done. I’m excited to work with a company that is breaking down the barriers to innovation in this space whilst championing a culture closely aligned to my personal values”.

Stefano Vaccino, CEO and Founder of Yapily, says: “I’m delighted to welcome Selene to our executive team, bringing a wealth of knowledge and experience to the role. As we grow and mature as a company, Selene will play a pivotal role in our company’s direction, commercial agreements, and strategies to enable rapid growth. I’m looking forward to seeing what she and the team can accomplish together.”

The appointment follows Yapily’s Series B funding raise of $51m, led by Sapphire Ventures, to expand across Europe and beyond as open finance regulation is implemented globally. Bridging the gap between banks and third parties via API technology, Yapily seeks to enable better and fairer financial products for everyone through open data access.