United Kingdom · Information technology & services startup

TrueLayer

TrueLayer is a leading open banking payments network based in London, founded in 2016.

Funding reportedLast round: Venture (Round not Specified)

Information technology & servicesLondon, United Kingdom

About TrueLayer

TrueLayer is a leading open banking payments network based in London, founded in 2016.

As a regulated Electronic Money Institution under the UK's Financial Conduct Authority, it provides secure, real-time payment infrastructure, identity verification, and financial data access across the UK and Europe. TrueLayer connects developers, businesses, and financial institutions to major banks' API infrastructure, enabling access to customer account balances, transaction history, and identity data. The company offers a range of APIs and payment solutions, including an instant Payments API, a Data API for real-time financial insights, and identity verification services to streamline onboarding. TrueLayer also supports direct bank payments and is involved in developing Variable Recurring Payments for flexible payment automation. With a strong presence in the B2B FinTech market, TrueLayer serves numerous clients, including well-known financial services companies. The company operates in multiple countries and is backed by prominent investors, reflecting its significant role in the evolving financial landscape.

What company datasets say TrueLayer raised

Funding, as reported

Reported in all321.4Min the source's currency
Rounds8
Last roundVenture (Round not Specified)
Last round dateFeb 2026
Investors listed5
Valuation$1.0B, Mar 2026

Funding filed with regulators

TrueLayer filed 8 raises, $1.9B in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Jun 2025$25MUK share allotment
  2. Oct 2024$405MUK share allotment
  3. Jul 2024$402MUK share allotment
  4. Apr 2024$257MUK share allotment
  5. May 2023$395MUK share allotment
  6. Apr 2023$389MUK share allotment
  7. Dec 2022Amount not statedUK share allotment
  8. Nov 2021$68MUK share allotment

On 8 portfolio pages

Investors who name them

Each firm lists TrueLayer on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

user data aggregationbank apiopen banking compliancemobile paymentsvariable recurring paymentsuser experiencepayment compliancedigital paymentssingle payment onboardingopen bankingconsumersmerchant accountcheckout optimizationpayment fraud preventionfinancial data apisenterprise api

Built with from their website

GitHub ActionsDockerWistiaAmazon SESGoogle Tag ManagerGoogle SheetsdbtHREF LangAWS Trusted AdvisorAtlassian

+8 more

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Sector
Information technology & services
Industry code
NAICS 522320, 541512, SIC 7375, 7374, 7389
Region
England
Revenue
22M a year, as listed

Information technology & services in United Kingdom

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