Vyne raises $15.5M seed round to grow its merchant-focused open banking solutions

The funding is coming from Hearst Ventures, Entrée Capital, Triplepoint, Seedcamp, Venrex, Founder Collective and Partech, with Alex Chesterman (founder of Zoopla and CEO of Cazoo), Charlie Dellingpole (CEO and founder of ComplyAdvantage) and Will Neale (founder of Grabyo) also participating. CEO Karl MacGregor said in an interview that the round was “massively oversubscribed.”