Token.io vs TrueLayer
Token.io
The leading Pay by Bank infrastructure for banks, payment companies and platforms in the UK and Europe
101 employees · est. 2015 · London, United Kingdom
TrueLayer
We power smarter, faster and safer payments for industry leading businesses across the UK and Europe
280 employees · est. 2016 · London, United Kingdom
Token.io is the older company (2015 vs 2016); TrueLayer is the larger of the two.
Side-by-Side Comparison
| Metric | Token.io | TrueLayer |
|---|---|---|
| Founded | ||
| Founded | 2015 older | 2016 |
| Headquarters | ||
| Headquarters | London, United Kingdom | London, United Kingdom |
| Employees | ||
| Employees | 101 | 280 larger |
| Industry | ||
| Industry | Financial Services, Fintech, Payments | Developer Tools, Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Venture round | Venture round |
| Total Funding | ||
| Total Funding | $90.00M | $360.56M |
| Funding Rounds | ||
| Funding Rounds | 6 | 12 |
| Services | ||
| Services | Industry-leading Pay by Bank solutions, One-click, recurring and automated bank payments, Real-time payouts and withdrawals, Data solutions for smarter payments | Payments, Payouts, Bank on File, Signup+, Data API, Verification |
| Target Customers | ||
| Target Customers | Banks, Merchants, Fintech companies, Ecommerce platforms, Crypto platforms, iGaming companies | Merchants, Ecommerce Businesses, iGaming Platforms, Financial Institutions, Travel Companies, Cryptocurrency Platforms |
| Taxonomy | ||
| Taxonomy | Pay By BankOpen BankingA2A PaymentsPayment InfrastructureAPI ConnectivityPayment Initiation +8 | Open BankingPayments NetworkBank APIFinTechReal-Time PaymentsFinancial Data +9 |
| Website | ||
| Website | token.io | truelayer.com |
About Token.io
Token.io, founded in 2015, stands at the forefront of Pay by Bank infrastructure, serving as a critical bridge for banks, payment companies, and platforms across the UK and Europe. The company's infrastructure offers an unparalleled opportunity for clients to enhance revenue streams, reduce operatio...
About TrueLayer
TrueLayer is a London, United Kingdom-based company that powers smarter, faster, and safer online payments for businesses across the UK and Europe. The company operates in the fintech and payments sectors, providing solutions for merchants, ecommerce businesses, iGaming platforms, financial institut...
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Compiled from the BounceWatch company index. We last looked at Token.io on 19 Oct 2026, and TrueLayer on 31 Oct 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.
