TrueLayer is a fintech startup that is building financial apps that connect to bank data, verify accounts, and access transactions in real-time.
TrueLayer enables companies to capitalise on new Open Banking initiatives in the UK, and the broader, European wide PSD2 rules by providing secure, clear and simple access to banking infrastructure.
TrueLayer was founded in 2016 by Francesco Simoneschi and Luca Martinetti. The company is based in London, UK, with offices in Berlin, Germany and Canberra, Australia.
TrueLayer allows developers to quickly meet security requirements, comply with their regulatory obligations, and gain access to data and payments, allowing them to focus their resources on developing innovative products and services.
TrueLayer is connected to major banks across the world and is and trusted by some of the biggest names in fintech including Freetrade, Nutmeg, Revolut, and Trading 212.
TrueLayer is backed by Temasek, Northzone, Addition, Anthemis Group, Connect Ventures, Graph Ventures, Mouro Capital and others. The company raised $70M in a Series D round on Apr 07, 2021. This brings TrueLayer's total funding to $141.8M to date.