TrueLayer

We're leading the Pay by Bank revolution

London, United Kingdom · Founded 2016 · $60.0M raised

Headquarters
London
Employees
201–500
Founded
2016
Business Model
B2B
Total Funding
$60.0M
Last Round
$25.0M Venture RoundSep 2020
Rounds
2

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 $60.0M in total across 2 rounds, most recently a $25.0M Venture Round round in Sep 2020. Investors include Tencent, Temasek and Northzone.

Tech & App Stack

11 technologies & apps tracked

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Funding History

Venture RoundGrowth RoundSep 2020
$25.0M

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Investors

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