TrueLayer

We're leading the Pay by Bank revolution

London, United Kingdom · Founded 2016 · $180.0M raised

Headquarters
London
Employees
201–500
Founded
2016
Business Model
B2B
Total Funding
$180.0M
Last Round
$50.0M Extension RoundOct 2024
Rounds
4

About

TrueLayer is Europe's leading open banking payments network, enabling merchants and fintechs to accept instant bank payments, access account data, and verify user identities via API. Its Pay by Bank network handles nearly half of all UK Pay by Bank transactions, processing over $116B in annualised payment volume. Built on OAuth 2.0 and TLS 1.3, TrueLayer is FCA-authorised and PSD2-compliant across the UK and Europe.

Summary

TrueLayer is a Banking company based in London, United Kingdom, founded in 2016. It has raised $180.0M in total across 4 rounds, most recently a $50.0M Extension Round round in Oct 2024. Investors include Northzone, Tencent and Addition.

Tech & App Stack

13 technologies & apps tracked

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Funding History

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Extension RoundExtension RoundOct 2024
$50.0M

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Series C through Extension Round — per-round amounts, valuations, and who invested in each round.

Investors

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