TrueLayer
London, England, United Kingdom · Financial Services, information technology & services
TrueLayer is an open banking payments network focused on expanding into new markets, driving consumer engagement, and accelerating the adoption of innovative open banking solutions.
Key facts
- Headquarters
- London, England, United Kingdom
- Employees
- 300
- Industries
- Financial Services, information technology & services
- Website
- truelayer.com
- Company page
Recent activity at TrueLayer
- : TrueLayer Appoints Francesco Simoneschi as Chief Executive Officer
- : London fintech TrueLayer secures $27M led by CDP Venture Capital as it expands in Milan. The funding aims to enhance payment rails outside US card networks.
- : TrueLayer acquires In3 for credit integration
- : TrueLayer to acquire Zimpler for payment expansion
- : TrueLayer, backed by Stripe and Tiger Global, announced a $50m funding round to enhance profitability as it processed 188m transactions in 2024, an 84% increase from 2023.
- : TrueLayer Appoints Basil Bailey as CEO of Irish Arm and General Manager of European Business
- : TrueLayer partners with Ryanair
- : TrueLayer raised $50 million in an extension of its $130 million Series E funding round led by Northzone to grow its pay-by-bank network across Europe.
- : TrueLayer Appoints Lisa Scott as First Chief Strategy Officer
- : Truelayer Raises $70M To Build The World’S Most Valuable Open Banking Network
TrueLayer funding history
| Date | Round | Amount |
|---|---|---|
| Oct 2026 | Venture | $27.0M |
| Sep 2025 | Funding Round | $50.0M |
| Oct 2024 | Series E | $50.0M |
| Apr 2021 | Pre-Seed | $70.0M |
Leadership
- Francesco, Co-Founder and CEO
- Luca Martinetti, Chief Technology Officer
- Francesco Simoneschi, Chief Executive Officer
- Sara Rita, VP Customer Success
- Basil Bailey, Manager
- Lisa Scott, Chief Strategy Officer
Verified email and direct lines for TrueLayer’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
TrueLayer in the news
- Amazon expands UK payment options with Pay by Bank via partnership with TrueLayer - Open Banking Expo (Feb 10, 2026)
- White & Case advises Zimpler on acquisition by TrueLayer - White & Case LLP (Oct 23, 2025)
- How Much Did TrueLayer Raise? Funding & Key Investors - Clay (Oct 01, 2026)
- TrueLayer Lands $50 Million to Grow Pay-by-Bank - Finovate (Oct 07, 2024)
- TrueLayer raises $27m to scale Pay by Bank - Finextra Research (Oct 08, 2026)
- TrueLayer, the open banking API provider, discloses investment and partnership with Visa - TechCrunch (Oct 29, 2019)
- London’s TrueLayer acquires Dutch in3 - BeBeez International (Jun 03, 2026)
- TrueLayer Revenue 2024: $24.9M, $700M Valuation - GetLatka (Mar 07, 2021)
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About TrueLayer: questions and answers
What does TrueLayer do?
TrueLayer is an open banking payments network focused on expanding into new markets, driving consumer engagement, and accelerating the adoption of innovative open banking solutions.
Where is TrueLayer headquartered?
TrueLayer is headquartered in London, England, United Kingdom.
How many employees does TrueLayer have?
TrueLayer has about 300 employees.
Has TrueLayer raised funding?
Yes. Fundz has recorded 4 funding events for TrueLayer. The most recent, $27.0M, was in Oct 2026.
Who leads TrueLayer?
Francesco is a Co-Founder and CEO at TrueLayer.
What is the latest news on TrueLayer?
On Oct 08, 2026, TrueLayer Appoints Francesco Simoneschi as Chief Executive Officer
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy