TrueLayer Revenue and Competitors

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London, UK



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Estimated Revenue & Valuation

  • TrueLayer's estimated annual revenue is currently $65M per year.(i)
  • TrueLayer's estimated revenue per employee is $165,100
  • TrueLayer's total funding is $271.5M.
  • TrueLayer's current valuation is $1B.

Employee Data

  • TrueLayer has 394 Employees.(i)
  • TrueLayer grew their employee count by 107% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation

At TrueLayer, we build universal APIs that allow companies to securely and efficiently access their customers bank accounts to share financial data, make payments and validate their identity. Our ongoing goal is to be the leading provider of APIs that will power a new era of financial innovation. TrueLayer enables companies to capitalise on new Open Banking initiatives in the UK, and the broader, European wide PSD2 rules by providing secure, clear and simple access to banking infrastructure. Using TrueLayer, developers can quickly meet security requirements, comply with their regulatory obligations, and gain access to data and payments, allowing them to focus their resources on developing innovative products and services. Bank data is a fundamental building block that developers need in order to create innovative consumer and SMBs applications in the following areas: payments, online lending, PFM, robot-advisors, insurance, investment services, p2p marketplaces, and cryptocurrencies. TrueLayer is available in the UK now and will expand to the EU over 2018.

keywords:Developer APIs, Banking, Cloud Infrastructure, Financial Technology


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TrueLayer News

2021-09-21 - TrueLayer raises $130m in funding round

TrueLayer has raised $130m (£95.2m) in its latest funding round led by Tiger Global Management. The investment brings the total raised by TrueLayer, a banking platform which powers global payments, to $270m. Stripe, a global payments technology provider, also participated in the funding round. ...

2021-09-21 - Fintech startup TrueLayer raises $130 million at over $1 billion valuation

STOCKHOLM: London-based fintech startup TrueLayer said on Tuesday it had raised $130 million from investment firm Tiger Global Management and payments technology provider Stripe in a funding round that valued the company at more than $1 billion. The company, which last raised $70 million in Apri ...

2021-09-27 - TrueLayer Raises $130M in Funding

TrueLayer, a London, UK-based global payments company, raised $130m in funding. Backers included Tiger Global and Stripe. The company intends to use the funds to charge the mainstream adoption of open banking payments through industries like ecommerce and subscriptions. Led by Francesco Simon ...

17-Aug-19 - Open Banking – predictably unpredictable disruption?

Francesco Simoneschi, CEO and Co-Founder of TrueLayer considers whether the predictions about which verticals Open Banking would ...

12-Sep-19 - Regulation in fintech Market Research Report 2019 Top Players are;Ant Financial, Coconut, Brex, TrueLayer, Raisin, Anorak, SoFi, Lending Express, Xero, Lufax

Regulation in fintech Market Research Report 2019 Top Players are;Ant Financial, Coconut, Brex, TrueLayer, Raisin, Anorak, SoFi, Lending ...

5-Jun-19 - TrueLayer scores $35 million from Tencent, Temasek and prior backers to expand its 'Open Banking network' in and outside of Europe

British fintech scale-up TrueLayer, a provider of financial APIs, has raised $35 million in funding in a round led by Tencent and Singapore's ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding