Yavrio connects to five US banks, expands embedded payments offering

Yavrio connects to five US banks, expands embedded payments offering - Trade Treasury Payments

Yavrio, an open banking fintech, has announced new integrations with corporate accounts at five US banks (Wells Fargo, JPMorgan Chase, Citibank, Bank of America, and US Bank).

In parallel, the company has introduced embedded ACH, RTP, FedNow, and Wire payment capabilities across more than 9,600 US banks. These features allow businesses to initiate and authorise payments to vendors directly from within their ERP or finance systems without switching between platforms or downloading files.

Finance teams can execute payments, reconcile transactions, and access live banking data from a single interface.

The announcement comes amid growing traction for Open Banking in the US, with industry forecasts predicting that the US Open Banking market will reach $35.79 billion by 2031.

John Lewis, Yavrio’s CEO, said, “After a slow start, Open Banking is gaining real momentum in the US, and we are delighted to see Yavrio at the forefront, delivering powerful solutions that make life easier, more efficient, and more secure for finance teams and the real economy.

“The introduction of embedded payments is a game-changer for businesses, enabling them to send cross-border and domestic payments securely from their payment journal, ready for approvers to authorise as normal within their bank portal, enhancing payment efficiency and accuracy.”

The company, which recently closed a $2.4 million seed round led by Fuel Ventures, has customers across government agencies, non-profits, cultural institutions, and commercial enterprises.

As regulatory clarity increases and adoption scales, Open Banking platforms with enterprise-grade connectivity are likely to play an increasingly central role in corporate finance strategy.

Lewis added, “Seamless banking connectivity is at the heart of what we do, and connecting to these five key banking institutions in the US marks a significant step forward for our business. It also demonstrates our commitment to offer businesses integrated banking solutions no matter where they are located or who they bank with, redefining financial automation for firms globally.”