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TrueLayer
United Kingdom · Fintech
A European Pay by Bank network for accepting payments and making payouts.
Product
TrueLayer provides account-to-account payment infrastructure for businesses. Its Pay by Bank products let consumers pay directly from bank accounts, while merchants use real-time bank payments together with financial and identity data for checkout, onboarding and payouts.
Founded in London by Francesco Simoneschi and Luca Martinetti, the company serves customers including Ryanair and Just Eat. It operates an engineering hub in Milan as part of its European payments network.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Undisclosed | $27M | CDP Venture Capital Large Ventures Fund — Lead |