Yapily Compliance Review: Google Partnership and Links to Offshore Casino Payments
Scam-Or Project has released an expanded 28-page Compliance Report examining the open-banking infrastructure provider Yapily, operated by Yapily Connect Ltd (United Kingdom) and Yapily Connect UAB (Lithuania). The report focuses on two core areas: Yapily’s widely publicized cooperation with Google and its alleged involvement as a technical payment layer for illegal offshore online casinos.
Growing Regulatory Attention on Yapily
Yapily presents itself as a leading open-banking payment institution across the UK and the European Union. The company is authorized in the UK by the Financial Conduct Authority and in Lithuania by the Bank of Lithuania.
During late 2024 and throughout 2025, Yapily significantly increased its market visibility following the announcement of a strategic partnership with Google. Under this cooperation, Yapily provides bank-account verification services for Google’s business customers across Europe. The partnership received extensive coverage in fintech and technology media and elevated Yapily’s systemic importance within the European open-banking ecosystem.
Findings: Open-Banking Rails Connected to Offshore Gambling
Recent investigations by Scam-Or Project indicate that Yapily’s open-banking infrastructure has been routed through the Bulgarian intermediary Contiant into illegal offshore online casinos. According to the report, this positioning potentially places Yapily as a critical technical component in unlicensed gambling payment flows.
These observations raise concerns regarding:
- Customer due-diligence procedures
- Transaction monitoring effectiveness
- Sector-specific risk controls related to iGaming and other high-risk merchants
Given the tightening regulatory stance on gambling-related payments and open-banking risk management, the report suggests that these issues may draw heightened scrutiny from UK and EU supervisory authorities.
Scope and Structure of the Compliance Report
The Compliance Report covers the period from January 2025 to January 2026 and includes:
- Regulatory overview of Yapily Connect Ltd (FCA-authorized) and Yapily Connect UAB (licensed by the Bank of Lithuania)
- Ownership and funding analysis, including post-investment developments following venture rounds led by Sapphire Ventures, Lakestar, and other investors
- Assessment of regulatory exposure, including potential MiCA relevance, implications of the Google partnership, and Yapily’s exposure to offshore gambling payment flows facilitated via Contiant
Call for Whistleblowers and Industry Sources
Scam-Or Project is seeking additional information and documentation from:
- Current and former Yapily employees
- Partner banks, payment service providers, and open-banking intermediaries
- Merchants, affiliates, and operators in iGaming and other high-risk sectors
Whistleblowers, compliance professionals, and affected customers with access to internal documents, contracts, screenshots, payment-flow descriptions, or other relevant materials related to Yapily, Contiant, and associated gambling operators are encouraged to contact the Scam-Or Project whistleblower section.
All submissions will be handled confidentially and in accordance with journalistic standards and applicable data-protection requirements.
