Yolt Receives PSD2 License From Dutch Central Bank to Fuel Expansion

Amsterdam-headquartered Yolt has received a PSD2 license from Dutch central bank De Nederlandsche Bank (DNB).

The license allows the company to independently offer open banking services across the EU, a statement from the company said.

The company was previously providing services under the license of its shareholder ING.

Yolt already holds a PSD2 license from the UK regulator Financial Conduct Authority, making the PSD2 approval from DNB its second such license.

Both licenses allow the company to serve open banking customers across the EU as well as the UK.

The company provides connections to over 600 banks across Europe through its API.

It also provides an online cash flow tool, customer account data services, and open banking payments.

Featured image: Yolt

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