About TrueLayer
TrueLayer is a company based in London (United Kingdom) founded in 2016. TrueLayer has raised $322.5 million across 10 funding rounds from investors including Stripe, Tencent and Visa. TrueLayer has completed 1 acquisition, including Zimpler. TrueLayer offers products and services including Payments, Payouts, Recurring Payments, Signup+, and Data Verification. TrueLayer operates in a competitive market with competitors including Zeta, Tink, Banked, Weavr and Finastra, among others.
- Headquarter London, United Kingdom
- Stage Unicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Truelayer Limited
- Date of Incorporation 14 Jul, 2016
- Jurisdiction LONDON, UNITED KINGDOM
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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.
People of TrueLayer
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Funding Insights of TrueLayer
TrueLayer has successfully raised a total of $322.5M across 10 strategic funding rounds. 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 Total Funding
- Total Rounds 10
- Last Round Last Round
- First Round First Round
- Investors Count 21
Investors in TrueLayer
TrueLayer has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Stripe, Tencent and Visa.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are funded by Northzone venture capital.
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Venture and private equity investments are managed with global diversification.
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An investment platform is provided for diverse sectors and geographies.
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Investments & Acquisitions by TrueLayer
TrueLayer has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zimpler.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Mobile payment solutions are provided for businesses via phone-linked verification.
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Financial Statements - TrueLayer
Truelayer Comparisons
Competitors of TrueLayer
TrueLayer operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zeta, Tink, Banked, Weavr and Finastra, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Payment and banking solutions are provided to users and banks.
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Tink is recognized as a leading European open banking platform.
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| domain | founded_year | HQ Location |
Open banking APIs for payments and data access are provided.
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| domain | founded_year | HQ Location |
SaaS-based financial software is provided for digital businesses.
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| domain | founded_year | HQ Location |
Financial software solutions for lending, payments, and banking are provided.
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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 $322.5M across 10 funding rounds to date. The company's 1st funding round was a Series E of $130M, raised on Jun 01, 2016.
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's top competitors include Zeta, Tink and Modulr Finance.
TrueLayer offers Payments, Payouts, Recurring Payments, Signup+, and Data Verification.
TrueLayer has made 1 acquisition, including Zimpler.
TrueLayer has 21 investors. Key investors include Stripe, Tencent, Visa, Temasek, and Anthemis Group.
The valuation of TrueLayer is $1B as of Sep 2021.