Programmable money is coming to your bank.
Hyperlayer plugs directly into banks' core systems to launch programmable accounts, rewards, and embedded finance without ripping out legacy tech. Its API lets banks issue dynamic spending rules, automate loyalty programs, and embed financial services into any app.
The London startup just raised £30M ($41M) in growth funding led by CDAM (UK) Limited, with Mouro Capital, Iona Star, Flintlock Capital, and Susquehanna Growth Equity (SGE) joining.
Former Morgan Stanley executive Robert Rooney is steering the company, which already powers programmable money for several banks.
Hyperlayer's business model is B2B SaaS with per‑account fees and revenue sharing; its moat lies in deep core‑bank integration and regulatory compliance. With fresh capital, it is hiring product and engineering talent and expanding into new regions.
Are programmable accounts the next frontier for everyday banking?
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Photo: City AM
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