TrueLayer logo — We power smarter, faster and safer payments for industry lea...

TrueLayer

We power smarter, faster and safer payments for industry leading businesses across the UK and Europe.

Founded 2016 United Kingdom London, United Kingdom 283 employees Total: $333.56M Developer Tools, Financial Services +3

General Information

Company Name TrueLayer
Founded Year 2016
Location United Kingdom London, United Kingdom
Founders / Decision Makers
Team member
Employees 283
Industries Developer Tools, Financial Services, Fintech +2
Business Model B2B, API, Platform
Revenue Model Usage Based, Transaction Fee, Service Fee
Hiring 1 role posted in the month to 27 Sep 2026
Offices as of Sep 2026
GB England London EC2A 1PX, GB England London EC2A 1PX IT Lombardy Milan 20124, IT Lombardy Milan 20124 IE Dublin, IE Dublin FR Paris 75009, FR Paris 75009 ES Madrid 28046, ES Madrid 28046
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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Actively Hiring Sep 24, 2026

Hiring for 1 position in the last 30 days.

New Partnership Sep 22, 2026

TrueLayer celebrates its existing product integration with Sprive, confirming that its Pay by Bank solution is central to Sprive's operations.

AI Insight

Bounce Watch AI
3 weeks ago

TrueLayer has demonstrated robust growth and strategic expansion, marked by a 39% revenue increase and reaching 30 million users across Europe. The company is aggressively scaling its footprint through market expansion into the Netherlands and a significant acquisition of Zimpler for Nordic market dominance. This expansion is complemented by a major customer win with Amazon and continued product innovation with the launch of 'credit at the point of payment'. These moves solidify TrueLayer's position as a leader in the open banking payments network.

Signal Types
Expansion Traction Customer Win Acquisition Product Launch
Strategic Labels
Market Expansion Product Diversification Enterprise Adoption
Next Move: Expansion
·
Impact: 9/10
·
Ideal For: Fintech Growth Investors

About TrueLayer

TrueLayer, founded in 2016, is positioned as Europe's leading open banking payments network. The company’s mission, encapsulated in its slogan, is to deliver "smarter, faster, and safer payments" for major businesses across the UK and Europe. With its headquarters in the United Kingdom, TrueLayer has become a pivotal player in the Fintech sector, particularly within the Payments and Banking industries.

By integrating real-time bank payments with financial and identity data, TrueLayer enables businesses to enhance user onboarding, process payments, and manage payouts efficiently and rapidly. This service appeals to both large corporations and smaller enterprises, offering scalability that can adapt to varied operational demands.

The company's growth and innovation secured a Late VC investment on 01 February 2026, with eBayforCharity.org as a notable investor. This backing underscores the confidence investors have in TrueLayer's enduring impact on the evolving financial technology landscape.

Taxonomy: Open Banking Payments, Real-Time Bank Payments, Financial Data Integration, Identity Data Integration, Online Payment Solutions, User Onboarding, Transaction Processing, FinTech Innovation, Payments API, Pay by Bank, Bank API, Developer Tools, Open Finance

Services & Products

Payments
Payouts
Bank on File
Credit
Data
Verification
Signup+
Verified Payouts

Target Customers

Ecommerce Companies iGaming Platforms Financial Service Providers Travel Industries Cryptocurrency Firms

Funding Rounds & Investors (11)

View All
Funding Stage Amount Investors Lead Investors Date
Late VC Undisclosed 1
eBayforCharity.org
01 Feb 2026
Round £13.16M -
01 Jul 2025
Series E $50.00M 5
Northzone, Stripe +3
01 Oct 2024
Round Undisclosed 1
SquareOne Capital
01 Apr 2022
Series E $130.00M 2
Stripe, Tiger Global
01 Sep 2021
Series D $70.00M 6
Anthemis Group, Mouro Capital +4
01 Apr 2021
Series C $25.00M 4
Anthemis Group, Connect Ventures +2
01 Sep 2020
Series C $35.00M 5
Anthemis Group, Northzone +3
01 Jun 2019
Series A €6.50M 1
Northzone
01 Jul 2018
Series A €2.70M 2
Anthemis Group, Connect Ventures
01 Jun 2017

View All 11 Funding Rounds

TrueLayer Alternatives & Competitors

View All Alternatives
TrueLayer vs
Token.io
Token.io United Kingdom

The leading Pay by Bank infrastructure for banks, payment companies and platforms in the UK and Euro...

Venture round
102 employees
Financial Services, Fintech
TrueLayer vs
Vyne
Vyne United Kingdom

Payments perfected. The full-stack account-to-account payment solution for merchants. Seamless, fast...

Seed
28 employees
Financial Services, Payments
TrueLayer vs
Trustly
Trustly Sweden

Fast, simple and secure online banking payments

Venture round
886 employees
E-Commerce, Finance

FAQ About TrueLayer

We power smarter, faster and safer payments for industry leading businesses across the UK and Europe.
TrueLayer was founded in 2016.
TrueLayer is headquartered in London, United Kingdom. As of Sep 2026, it also has offices in GB England London EC2A 1PX, GB England London EC2A 1PX, IT Lombardy Milan 20124, IT Lombardy Milan 20124, IE Dublin, IE Dublin, FR Paris 75009, FR Paris 75009 and ES Madrid 28046, ES Madrid 28046.
TrueLayer operates in Developer Tools, Financial Services, Fintech, Payments and Banking. Its work centres on Open Banking Payments, Real-Time Bank Payments, Financial Data Integration and Identity Data Integration. Its customers include Ecommerce Companies, iGaming Platforms and Financial Service Providers.
TrueLayer has a B2B, API and Platform business model. Its revenue comes from Usage Based, Transaction Fee and Service Fee.
TrueLayer has approximately 283 employees.
TrueLayer has completed 11 funding rounds, raising a total of $333.56M.
TrueLayer offers: Payments, Payouts, Bank on File, Credit, Data, Verification, Signup+, Verified Payouts.
Top alternatives and competitors to TrueLayer include Token.io, Vyne, Trustly, Volt.io, Mesh. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TrueLayer and Token.io are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for TrueLayer, https://bouncewatch.com/company/truelayer, updated 26 September 2026. When citing, please name BounceWatch and link this page.

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