Yapily: Compliance Report Highlights Google Partnership and Offshore Casino Exposure

Reg Techer
Mon, 19 Jan 2026 09:18:59 +0000
Compliance, Compliance Reports, ticker, Contiant, Google, Offshore Casinos, Offshore Gambling, Open Banking, yapily, Yapily Connect

FinTelegram has published an enhanced 28‑page Compliance Report on the open banking infrastructure provider Yapily operated by Yapily Connect Ltd (UK) and Yapily Connect UAB (Lithuania), analysing the company’s high‑profile partnership with Google and its problematic role as open‑banking infrastructure for illegal offshore casinos. The report is now available for professional download and will be updated quarterly.​

Yapily Under Intensified Scrutiny

Yapily positions itself as a leading open‑banking payment institution in the UK and EU, licensed in the UK by the FCA and in Lithuania by the Bank of Lithuania. In late 2024 and 2025, the company gained additional visibility through a strategic partnership with Google to power bank account verification services for business customers in Europe, a move widely covered in the fintech and tech press. This cooperation significantly raises Yapily’s public profile and systemic relevance in the European open‑banking ecosystem.​

FinTelegram findings: Yapily rails into illegal offshore casinos

FinTelegram’s recent investigations documented that Yapily’s open‑banking rails are routed via the Bulgarian intermediary Contiant into illegal offshore online casinos, turning Yapily into a critical technical layer in unlicensed gambling payment flows. This raises serious questions about Yapily’s customer due diligence, transaction monitoring, and sector‑specific risk controls for iGaming and high‑risk merchants.

Read our reports on Yapily here.

These findings are likely to attract increasing attention from UK and EU regulators, especially in the context of tightening expectations around gambling payments and open‑banking risk management.​

Scope of the Yapily Compliance Report

The new FinTelegram Compliance Report covers the period January 2025 to January 2026 and provides:​

A regulatory profile of Yapily Connect Ltd (FCA‑authorised payment institution) and Yapily Connect UAB (Bank of Lithuania‑licensed payment institution).​

A mapping of the ownership and funding structure after Yapily’s venture rounds led by Sapphire Ventures, Lakestar and others.​

An assessment of Yapily’s MiCA‑relevance and broader EU regulatory posture, including its Google partnership and exposure to offshore gambling flows via Contiant.​

Download the full Yapily Compliance Report here.

The report is prepared for compliance officers, EU merchants, regulators, and investigative journalists and is available for download in professional formats (Word/PDF) via the FinTelegram case register (Case ID: YAPILY‑2026‑Q1).​

Call for whistleblowers and industry insiders

FinTelegram is actively seeking additional documentation from:​

Current and former Yapily employees

Partner banks, PSPs, and open‑banking intermediaries

Merchants and affiliates in the iGaming and high‑risk sectors

Whistleblowers, compliance officers, and affected customers who have internal documents, screenshots, contracts, payment flow descriptions, or other evidence related to Yapily, Contiant, and connected gambling operators are invited to securely reach out to FinTelegram’s whistleblower channels. All information will be handled confidentially in line with journalistic standards and data‑protection requirements.​

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