London-based fintech startup TrueLayer secures $7.5 million funding to expand across Europe

With eyes on Europe, Open Banking API provider TrueLayer raises $7.5M

Fintech Company TrueLayer Raises $7.5M in Funding

TrueLayer, a London-based fintech startup providing financial APIs, has secured $7.5 million in Series A funding led by Northzone, with participation from Connect and Anthemis. The funding will be used to expand across Europe, starting with Germany and France, grow its team, and develop new products. TrueLayer has secured partnerships with major companies like Monzo, Starling Bank, Zopa, ClearScore, Canopy, Plum, BitBond, Emma, Anorak, and CreditLadder, and aims to become the leading infrastructure layer between banks and third-party companies.

TrueLayer Raises $7.5 Million to Expand Open Banking Across Europe

TrueLayer is a London-based fintech startup that provides financial APIs, enabling companies and consumers to make the most of Open Banking and PSD2. Founded in 2016, TrueLayer has secured partnerships with major companies like Monzo, Starling Bank, Zopa, ClearScore, Canopy, Plum, BitBond, Emma, Anorak, and CreditLadder. Its service provides an interface between financial institutions and third-party applications over an API, allowing companies to capitalize on new Open Banking and PSD2 rules by providing secure, clear, and simple access to banking infrastructure.

A London-based fintech startup that provides financial APIs for Open Banking and PSD2.

7 years ago

TrueLayer Raises $7.5 Million to Expand Open Banking Across Europe

ProblemFinancial Services

Solution

Covered on