Banked : (Acquired by National Australia Bank)
A global payments platform built on modern bank rails.
58 employees · est. 2018 · Palo Alto, United States
TrueLayer
We power smarter, faster and safer payments for industry leading businesses across the UK and Europe.
290 employees · est. 2016 · London, United Kingdom
TrueLayer is the older company (2018 vs 2016); TrueLayer is the larger of the two.
Side-by-Side Comparison
| Metric | Banked : (Acquired by National Australia Bank) | TrueLayer |
|---|---|---|
| Founded | ||
| Founded | 2018 | 2016 older |
| Headquarters | ||
| Headquarters | Palo Alto, United States | London, United Kingdom |
| Employees | ||
| Employees | 58 | 290 larger |
| Industry | ||
| Industry | Financial Services, Fintech, Payments | Developer Tools, Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Acquired | Unknown |
| Total Funding | ||
| Total Funding | $46.33M | $333.56M |
| Funding Rounds | ||
| Funding Rounds | 6 | 11 |
| Services | ||
| Services | Real-time PayTo payments, Instant Payment Solutions, Bank Authentication Integration, Secure Payment Processing | Payments, Payouts, Bank on File, Data API, User Verifications, Signup+, Verified Payouts |
| Target Customers | ||
| Target Customers | Retail Businesses, E-commerce Companies, Service Providers, Consumers seeking secure payments | Ecommerce, iGaming, Financial Services, Travel, Crypto, Merchants |
| Taxonomy | ||
| Taxonomy | Real-time Payments, Payment Security, Cash Flow Management, Cost Efficiency, Fraud Reduction, Modular Integration, Open Banking, Fintech Solutions, Account-to-Account Payments, Payment Links, Checkout Solutions, Data Privacy, Financial Fluidity, Merchant Solutions, API Integration | Open Banking, Payments Network, Real-Time Payments, Financial Data, Identity Data, Onboarding Solutions, Payout Solutions, FinTech, API Solutions, Bank API, Payments API, Open Finance, Banking Technology, Payment Processing |
| Website | ||
| Website | banked.com | truelayer.com |
About Banked : (Acquired by National Australia Bank)
Banked, recently acquired by National Australia Bank, is redefining the payments industry with its slogan: "A global payments platform built on modern bank rails." Founded in 2018 and headquartered in the United States, Banked provides a global payments network harnessing contemporary bank infrastr...
About TrueLayer
TrueLayer, founded in 2016, stands out as Europe’s leading open banking payments network. Headquartered in the United Kingdom, the company excels in facilitating smarter, faster, and safer payments for businesses across the region. TrueLayer leverages real-time bank payments paired with financial a...
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Funding, hiring, leadership and stack changes at Banked : (Acquired by... and TrueLayer — by email.
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Compiled from the BounceWatch company index. We last looked at Banked : (Acquired by National Australia Bank) on 26 Aug 2026, and TrueLayer on 30 Aug 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.