t: @TrueLayer

LI: Truelayer

Founders: Francesco Simoneschi (CEO), Luca Martinetti

Founded: 2016

Keywords: Open Banking / Faster payments / PSD2

Who is it for: Fintechs, Merchants

Latest Funding: $35M Series C - June 2019

Investors: Tencent Holdings, Temasek, Northzone, Anthemis

Total Funding: $46.8M

Latest Funding: $35M SeriesC - June 2019

HQ: UK, London

“Powering the new era of financial innovation.”

Truelayer offers a toolkit to build financial apps that connect to bank data, verify accounts, and access transactions in real time. It announced partnerships with notable Fintechs, including Zopa, ClearScore, Plum, CreditLadder, Canopy, and ANNA Money. 

Already operating in Germany, France, Italy and Spain, Truelayer raised a $35M Series C in June 2019 to further its expansion globally. In July 2019 Truelayer integrated with Revolut in a move which will allow new Open Banking-based fintech services, such as Emma, to be offered to Revolut’s 7M+ custosmers.