8 years ago
TrueLayer Raises $3 Million to Expand Fintech API Platform
TrueLayer, a London-based fintech developer platform, has secured $3 million in Series A funding led by Anthemis Group
The funding will be used to expand the team and increase coverage of supported banks before the API becomes generally available
TrueLayer plans to roll out in all major European countries in early 2018 and will build out its offering as an Account Information Service Provider (AISP) and Payment Initiation Service Provider (PISP) in line with the revised Payment Services Directive (PSD2).
ProblemFinancial Services
"Removing barriers between consumers and innovative financial products"
Solution
"An API platform that provides easy access to bank APIs, enabling developers to build new financial apps and services"