Yonder partners with tell.money to deliver Open Banking access
Source: tell.money
Yonder, the UK-based credit and debit card provider reimagining rewards and membership for modern consumers, has selected tell.money as its Open Banking partner to ensure full compliance with the EU’s PSD2 (Payment Services Directive 2) regulations. When it comes to building a rewards card that actually works for modern life, Yonder is known for doing things differently, from their member-first rewards to their fresh approach to underwriting.
Under the EU’s PSD2, account-servicing payment service providers (ASPSPs), including credit card providers like Yonder, must offer secure, regulated access to third-party providers (TPPs), tell.money delivers this with its managed platform.
Tim Chong, chief executive officer of Yonder, said: “Partnering with tell.money allows us to meet our regulatory obligations efficiently while keeping our focus on building the best experience possible for our members. Their PSD2 solution gives us what we need without unnecessary complexity.”
Designed specifically for non-bank PSPs, credit providers, and fintechs, tell.money’s platform offers fast deployment with minimal lift on internal resources. It includes dedicated APIs for AIS and PIS access, secure third-party provider (TPP) integration, real-time monitoring, fallback support, and full alignment with evolving regulatory standards.
“PSD2 is essential, but it shouldn’t slow you down. We’re here to make compliance painless,” said David Monty, chief executive officer of tell.money.
“Yonder is building something exceptional, and our job is to support that with infrastructure that’s fast, invisible, and just works.”
The partnership reflects a growing trend in fintech, moving away from building compliance infrastructure in-house, and choosing specialist providers like tell.money. Enabling faster scaling, stronger security, and fewer distractions from core innovation.
As Open Banking regulation evolves, this collaboration positions Yonder to meet current and future requirements, while staying focused on delivering a standout experience for their members.