TrueLayer is a prominent player in the European open banking payments ecosystem, empowering industry-leading businesses across the UK and Europe. Founded in 2016 and headquartered in the United Kingdom, TrueLayer's mission revolves around facilitating smarter, safer, and faster online payments by integrating real-time bank payments with financial and identity data. The company caters to businesses of all sizes, offering products that streamline user onboarding, enable rapid fund acceptance, and facilitate large-scale payouts in seconds. TrueLayer's dedication to driving innovation and efficiency in the Developer Tools, Financial Services, Fintech, Payments, and Banking sectors recently attracted a substantial investment in a Venture Round on 20 April 2022, with SquareOne Capital participating as the lead investor.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | Unknown | 1 | 20 Apr 2022 | |
Series E | £94.95M | 3 | 21 Sep 2021 | |
Series D | $70.00M | 10 | Zack Kanter, Tencent +3 | 08 Apr 2021 |
Series C | $25.00M | 5 | Tencent | 21 Sep 2020 |
Series C | $35.00M | 5 | Tencent | 04 Jun 2019 |