YES BANK launches YES Fintech Developer

Yes Bank

The sandbox builds on the Bank’s strategy of using API banking as an enabler to customize digital solutions for its clients.


• Sandbox platform hosts more than 50+ APIs, highest in the Indian Banking Sector – the platform will host 100+ APIs by the end of FY20
• Wide array of APIs enabling corporate partners, startups and individual developers to discover relevant APIs, and test banking integrations for their apps in a secure environment
• Also plans to conduct a series of hackathons – registration opens on November 13, 2019

YES BANK announced the launch of YES Fintech Developer, India’s largest API sandbox with 50+ virtual APIs at Bengaluru, marking the evolution of the Bank’s technologies to Open Banking. This is in line with the Bank’s strategy of keeping customers at the core while ideating and co-creating solutions. YES BANK was the first Bank in India to launch APIs that allowed integration with the technology systems of corporate clients.

The sandbox builds on the Bank’s strategy of using API banking as an enabler to customize digital solutions for its clients. This will not only help corporates, MSMEs and startups to identify ‘best-fit’ APIs based on their sectors but also allow them to test the APIs with their app in a secure environment. The sandbox will enable clientsacross sectors to visualize multiple banking use cases, customized for their application and understand possible integrations & functionalities of the Bank’s APIs.

YES Fintech Developer, also provides a boost to the Bank’s effort of co-creating innovations with Fintechs, startups and the developer ecosystem to enhance customer experience. While API suites from banks have helped such partnerships, it is often difficult for Fintechs and startups to experiment with live APIs to build new features and capabilities. TheYES BANK sandbox will ease these concerns by providing a secure virtual environment to test, train and develop solutions with banking integrations. Developers can complete integrations in the environment and mimic how their solutions would work in a ‘live’ environment. Once they are comfortable, they can move to subscribing the APIs.

Commenting on the launch, Ritesh Pai, Chief Digital Officer, YES BANK said “YES Fintech Developer sandbox will create a perfect collaboration opportunity with startups to test emerging solutions such as alternative data-driven banking models, gamified solutions to nudge user behavior and more. Along with this, the platform would showcase our API suite – functionalities, responses with corporate and MSME clients and help them to understand full attributes of our API stack, while enabling faster integration with the Bank’s APIs.”

Through the sandbox, YES BANK will grant access to APIs across fourusage categories including account management, payments, cards andCRM with operations such as:

• Accounts: Account Opening; Account Management; Customer Portfolio
• Payments: Beneficiary Management; Fund Transfer; Bill Payment; Recurring Payment
• Cards: Credit Card; Debit Card
• CRM: Lead management; Customer Service
• Partner APIs: Sandbox APIs of partner organizations across sectors (to be launched soon)

The launch event hosted in Bangalore, was attended by 100+ clients including market leaders such as Swiggy, PhonePe, Blackbuck, Myntra and Razorpay among others who are already using the platform for banking functions like instant cashback, in-app fund transfers, customer authentication and custom database management among others to develop innovations.

YES BANK will work with its clients, the start-up ecosystem and the developer community to continually expand portal’s functionalities and the virtual APIs it offers basis feedback.

The sandbox is open to all developers, startups and corporate partners, who are invited to register their interest at Upon registration, once an email verification is completed, they will have access to all APIs in a development sandbox,thereby enabling them to test their ideas in a secure environment.