About TrueLayer
TrueLayer is a Financial Services company based in London (United Kingdom) founded in 2016 by Luca Martinetti and Francesco Simoneschi. Provider of open banking API solutions for payment institutions. TrueLayer has raised $348.8 million across 11 funding rounds from investors including Stripe, eBay and Tencent. The company has 284 employees. TrueLayer has completed 2 acquisitions, including In3 and Zimpler. TrueLayer was last valued at $700 million in October 2024. Its website truelayer.com draws about 10.6 million monthly visits. TrueLayer offers products and services including Payments, Payouts, Recurring Payments, Signup+, and Data Verification. Its focus areas include FinTech, Banking Tech, Open Banking and Banking APIs. Its legal entity is TRUELAYER LIMITED. Its competitors include Banked, Weavr and Finastra; 2 of its 3 listed competitors have raised funding.
Company details
TrueLayer was established in 2016 in London, United Kingdom, within the fintech sector. Open banking API solutions are offered to link third-party providers with banking infrastructures. Access to customer account balances, transaction histories, and credit card details is facilitated. These capabilities support development of applications for payments, online lending, personal financial management, robo-advisors, customer onboarding, insurance, investment services, peer-to-peer marketplaces, and cryptocurrencies.
- Headquarters London, United Kingdom
- Employees 284
- Founders Luca Martinetti, Francesco Simoneschi
- Stage Soonicorn
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Email••••••••
- Website truelayer.com
- Social LinkedIn X Facebook YouTube
- Legal Name Truelayer Limited
- Date of Incorporation 14 Jul, 2016
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$36.57 M (USD)as on Dec 31, 2025
- Net Profit-$65.17 M (USD)as on Dec 31, 2023
- EBITDA-$31.53 M (USD)as on Dec 31, 2025
- Total Equity Funding$348.8M (USD)
in 11 rounds
- Latest Funding Round$27M (USD), Series E
Oct 2026
- InvestorsStripe
& 26 more
- Employee Count284
- Investments & AcquisitionsIn3
& 1 more
Products & Services of TrueLayer
TrueLayer offers a comprehensive portfolio of products and services, including Payments, Payouts, Recurring Payments, Signup+, and Data Verification.
Enables instant bank payments for apps and websites securely.
Facilitates fast and verified payouts to users efficiently.
Handles flexible payment plans for ongoing transactions reliably.
Streamlines user onboarding with secure account connections quickly.
Provides user incentives and verification for enhanced security.
Apps and channels of TrueLayer
its YouTube channel TrueLayer has 479 subscribers and 30 videos.
Videos from TrueLayer
The most watched videos on TrueLayer's YouTube channel, TrueLayer (479 subscribers). Click a video to play it here.
More on TrueLayer.
Funding Insights of TrueLayer
TrueLayer has successfully raised a total of $348.8M across 11 strategic funding rounds. The most recent funding activity was a Series E round of $27 million completed in October 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $348.8M
- Total Rounds 11
- Last Round Series E — $27M
- Investors Count 27
Latest 10 of 11 funding rounds of TrueLayer with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2026 | $27M | Series E | – | CDP Venture Capital | – |
| Feb 2026 | Series E | – | – | ||
| Oct 2024 | $50M | Series E | – | Northzone | |
| Sep 2021 | $130M | Series E | $1B | Northzone | |
| Apr 2021 | $70M | Series D | – | Addition | |
| Sep 2020 | $25M | Series C | $122.3M | Tencent, Temasek | – |
| Jun 2019 | $35M | Series C | – | Temasek, Tencent | |
| Jul 2018 | $7.6M | Series B | $••••• | Northzone | |
| Mar 2017 | $3.6M | Series A | $••••• | Anthemis Group | |
| Aug 2016 | $1.3M | Seed | – | Connect Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $1B | •••••••• |
| Sep 2020 | $122.3M | •••••••• |
| Jul 2018 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
| Jun 2016 | $••••• | •••••••• |
Full valuation and stage history of TrueLayer
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $700M (Oct 2024). 27 investors in total: 19 institutional and 8 angel.
Investors in TrueLayer
TrueLayer has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Stripe, eBay and Tencent.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by Northzone venture capital. | northzone.com | London, United Kingdom | ||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Early and growth-stage startups are funded by Anthemis Group. | 2008 | anthemis.com | London, United Kingdom | |
Venture capital firm focused on fintech companies | mourocapital.com | London, United Kingdom | ||
Visionaries Club is engaged in venture capital investments for B2B tech startups. | visionaries.vc | Berlin, Germany | ||
Investments are made in early and growth-stage technology startups. | addition.com | New York, United States | ||
Early-stage investments are made in product-focused companies by Connect Ventures. | connectventures.co | London, United Kingdom | ||
Early-stage venture capital funding is provided to startup founders. | graphventures.com | San Francisco, United States | ||
Venture capital and fund of funds focused on multiple sectors | cdpventurecapital.it | Rome, Italy |
Investor details for TrueLayer
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People of TrueLayer
87 people are tracked at TrueLayer (27 in leadership, 60 in team); the tracked headcount is 284.
| Name | Role | Group |
|---|---|---|
Luca Martinetti | Founder | Leadership |
Francesco Simoneschi | Founder | Leadership |
Stefano Iasi | Head Of Engineering | Leadership |
Silvia di Nardo | Head Of Product Engineering Operations | Leadership |
Elizabeth Glover | VP Of Marketing | Leadership |
Jonathan Binns | Vice President, Information Security | Leadership |
Mariko Beising | VP Financial Services & Partnerships | Leadership |
Mo Mirza | CFO | Leadership |
Robert Kerrigan | Chief Operating Officer | Leadership |
Genevieve Keogan | Head Of Finance - Ireland | Leadership |
Jiun Yi Tan | Director Of Strategic Projects | Leadership |
Lisa Scott | Chief Strategy Officer | Leadership |
Hanna-Lil Malone | Chief Of Staff To The CTO | Leadership |
Alessio Casco | Head Of Devops And Cloud Infrastructure | Leadership |
Sahra Henry | Head Of Security GRC | Leadership |
Lucy Woodhouse | Executive Assistant To CEO And CFO | Leadership |
Benjamin Woodcock | Head Of Product Partnerships | Leadership |
Bruno Braga | Head Of Secops | Leadership |
Eddie Hoffman | Head Of Security Engineering | Leadership |
Ronald Cook | VP Corporate Finance | Leadership |
67 more people are available in the full profile.
Complete people profiles for TrueLayer
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by TrueLayer
TrueLayer has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include In3 and Zimpler.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
App-based marketplace multi-category products on point of sale finance | payin3.eu | Eindhoven, Netherlands | 2018 | May 2026 | •••• | |
Mobile payment solutions are provided for businesses via phone-linked verification. | zimpler.com | Stockholm, Sweden | 2012 | Oct 2025 | •••• |
Complete acquisition details for TrueLayer
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of TrueLayer
8 dated milestones of TrueLayer across 10 years, from founding to its latest funding, stage changes and deals.
Competitors of TrueLayer
TrueLayer has 3 listed competitors in our database, 2 of them funded. They include Banked, Weavr and Finastra.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| banked.com | 2018 | London, United Kingdom | $39.85M | 25 | Open banking APIs for payments and data access are provided. | |
| weavr.io | 2018 | London, United Kingdom | $50.36M | 75 | SaaS-based financial software is provided for digital businesses. | |
| finastra.com | 2017 | London, United Kingdom | 1,890 | Financial software solutions for lending, payments, and banking are provided. |
Detailed competitors of TrueLayer
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of TrueLayer
The website of TrueLayer (truelayer.com) receives about 10.6M visits a month and ranks #5,628 among all websites worldwide, #362 in Financial Planning and Management.
- Monthly visits10.6M
▲ 9% vs previous month
- Unique visitors4.3M
per month
- Global rank#5,628
among all websites
- Category rank#362
Finance · Financial Planning and Management
- Bounce rate36%
- Pages per visit3.7
- Average visit2 min 43 sec
- DevicesDesktop 5% · Mobile 95%
Websites whose visitors overlap most with TrueLayer. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| moneysavingexpert.com | 100% | 20.7M | #3,243 | View details | |
vanguardinvestor.co.uk | vanguardinvestor.co.uk | 100% | #9,285 | – | |
| iwoca.co.uk | 100% | 232.3K | #183,366 | View details | |
| hl.co.uk | 99% | 6.9M | #7,103 | View details | |
openbanking.org.uk | openbanking.org.uk | 98% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for TrueLayer
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Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as TrueLayer (Banking & FinTech Platforms) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | 3,462 | ||
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 |
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Related news about Truelayer
Complete news archive for TrueLayer
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Frequently Asked Questions about TrueLayer
TrueLayer was founded in 2016.
TrueLayer is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
TrueLayer is a funded company, having raised a total of $348.8M across 11 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Jun 2016.
TrueLayer has 284 employees.
Annual revenue of TrueLayer is $36.57M as on Dec 31, 2025.
TrueLayer was established in 2016 in London, United Kingdom, within the fintech sector. Open banking API solutions are offered to link third-party providers with banking infrastructures. Access to customer account balances, transaction histories, and credit card details is facilitated. These capabilities support development of applications for payments, online lending, personal financial management, robo-advisors, customer onboarding, insurance, investment services, peer-to-peer marketplaces, and cryptocurrencies.
TrueLayer offers Payments, Payouts, Recurring Payments, Signup+, and Data Verification.
TrueLayer has 27 investors. Key investors include Stripe, eBay, Tencent, Visa, and MoneySuperMarket.
The valuation of TrueLayer is $700M as of Oct 2024.
TrueLayer operates through Truelayer Limited.