
United Kingdom · Information technology & services startup
TrueLayer is a leading open banking payments network based in London, founded in 2016.
Funding reportedLast round: Venture (Round not Specified)
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.
Funding, as reported
TrueLayer filed 8 raises, $1.9B in all. Filings say how much was sold and to how many investors; they never name the investors.
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
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