
TrueLayer
Founded Year
2016Stage
Series E - II | AliveTotal Raised
$321.8MValuation
$0000Last Raised
$50M | 1 yr agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-13 points in the past 30 days
About TrueLayer
TrueLayer operates as an open banking platform in the financial technology sector. The company offers a network that enables bank payments, integrating financial and identity data for online transactions. TrueLayer's services cater to businesses of all sizes, providing solutions for user onboarding and payment processing. TrueLayer was formerly known as Finport. It was founded in 2016 and is based in London, United Kingdom.
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ESPs containing TrueLayer
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The open banking solutions market provides secure and reliable data sharing between financial institutions and third parties through APIs. These solutions enable businesses to access financial data and initiate payments with customer permission. Companies in this market offer products for account aggregation, payment initiation, data enrichment, risk assessment, and compliance with open banking re…
TrueLayer named as Leader among 15 other companies, including Plaid, Fiserv, and MX.
TrueLayer's Products & Differentiators
Data API
Connect an app to any bank account: delivering real-time access to account, balance, transaction, and identity data using open banking AIS.
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Research containing TrueLayer
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned TrueLayer in 5 CB Insights research briefs, most recently on May 8, 2024.

May 8, 2024
The embedded banking & payments market map
Mar 14, 2024
The retail banking fraud & compliance market map
Jan 4, 2024
The core banking automation market map
Expert Collections containing TrueLayer
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
TrueLayer is included in 9 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,309 items
Regtech
1,453 items
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
Blockchain
9,396 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Fintech 100
999 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Fintech
14,203 items
Excludes US-based companies
Digital ID In Fintech
268 items
For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.
Latest TrueLayer News
Nov 10, 2025
Following this announcement, the authorisation marks a new development in Zimpler's expansion in Latin America, aiming to reinforce its commitment to the Brazilian market and its local partners. In addition, with Pix, Zimpler will now have the possibility to offer direct, real-time payments and strengthen its role as a trusted infrastructure provider in one of the world's Open Finance ecosystems. More information on Zimpler's Pix authorisation announcement According to the official press release, this initiative comes at a time of increasing regulatory scrutiny in Brazil, particularly within the payments and fintech sectors. In this context, Zimpler aims to provide its compliance, governance, and security controls in order to remain fully aligned with the Central Bank's requirements and international best practices. At the same time, the company will continue to focus on meeting the needs, preferences, and demands of clients and users, as well as to deepen its local partnerships and optimise the way businesses access the full potential of Open Finance in Brazil. Through the process of being authorised to operate Pix, Zimpler will also be enabled to integrate securely and efficiently into local infrastructure, offering businesses faster payments, lower costs, and full compliance without unnecessary intermediaries. Furthermore, it will also enable instant payments and settlements via Pix for ecommerce, iGaming, and digital marketplaces, while also strengthening interoperability and competition in Brazil's payment ecosystem and building on Zimpler's São Paulo operations and growing local partnerships since 2022. This announcement follows the news that TrueLayer , a European Pay by Bank network, signed an agreement to acquire Zimpler. The initiative aimed to bring together two Pay by Bank providers in order to strengthen TrueLayer's presence in the payments industry. In addition, through the process of expanding the company's pan-European network and expertise in payment technology with Zimpler's position in the Nordics, TrueLayer was set to accelerate its shift from legacy card payments to smarter and more secure payments via Pay by Bank. The transaction was still subject to regulatory approval, as the change in control was submitted to the Swedish Financial Supervisory Authority.
TrueLayer Frequently Asked Questions (FAQ)
When was TrueLayer founded?
TrueLayer was founded in 2016.
Where is TrueLayer's headquarters?
TrueLayer's headquarters is located at 40 Finsbury Square, London.
What is TrueLayer's latest funding round?
TrueLayer's latest funding round is Series E - II.
How much did TrueLayer raise?
TrueLayer raised a total of $321.8M.
Who are the investors of TrueLayer?
Investors of TrueLayer include Northzone, Temasek, Stripe, Tiger Global Management, Tencent and 15 more.
Who are TrueLayer's competitors?
Competitors of TrueLayer include Tria, Yaspa, Token.io, Plaid, Volt and 7 more.
What products does TrueLayer offer?
TrueLayer's products include Data API and 3 more.
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Compare TrueLayer to Competitors

Fabrick is a open finance platform. The company offers payment solutions that enable and foster a fruitful exchange between players that discover, collaborate, and create solutions for end customers. Fabrick was founded in 2018 and is based in Biella, Italy.

Meniga operates in the digital banking sector, specializing in digital banking solutions. The company provides products that aim to improve customer engagement for financial institutions through AI-powered insights, financial data enrichment, and personalized banking experiences. Meniga serves the financial services industry, offering tools for digital bank modernization and customer experiences. It was founded in 2009 and is based in London, England.

HERE is a company that provides an enterprise browser that integrates AI and adheres to zero trust security principles. HERE serves sectors such as finance, government, and contact centers. It was founded in 2010 and is based in New York, New York.
Leveris has developed an end-to-end platform to allow financial institutions and fintech startups such as digital-only banks or challenger banks to run their services.

Trustly Group operates in the open banking payment solutions sector within the financial services industry. The company provides various Pay by Bank products, including direct bank payments, instant bank-powered withdrawals, automated recurring payments, and data services for account verification and creation. Trustly serves sectors such as travel, e-commerce, financial services, gaming, and the public sector. It was founded in 2008 and is based in Stockholm, Sweden.

Yodlee provides data aggregation and analytics for the financial services industry. The company offers services such as financial data aggregation, account verification, transaction data enrichment, and financial wellness solutions, powered by APIs and analytics. Yodlee's products assist financial institutions and FinTech companies in developing financial applications and services. It was founded in 1999 and is based in Raleigh, North Carolina.
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