Fundz

Truelayer Raises $70M To Build The World’S Most Valuable Open Banking Network

Apr 08, 2021

Amount Raised

$70

Round Type

Pre-Seed

LondonFinancial Servicesinformation technology & services

Description

TrueLayer, Europe’s leading open banking platform, today announced it has secured a $70m Series D investment round led by new investor Addition. The latest raise reflects the growing demand for its open banking-based services and marks another significant milestone for TrueLayer on its mission to open up finance, building an open banking network that brings together payments, financial data, and identity to redefine how people spend, save, and transact online.

Quick answer

TrueLayer raised $70 in a Pre-Seed round, dated April 8, 2021. TrueLayer is based in London, England, United Kingdom.

How much did TrueLayer raise?
TrueLayer raised $70 in a Pre-Seed round on April 8, 2021.
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 based and how big is it?
TrueLayer is based in London, England, United Kingdom. Fundz records about 300 employees.
Who are the decision-makers at TrueLayer?
Fundz holds 1 contact at TrueLayer, including the Co-Founder and CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and information technology & services around the same time

Companies in the same sectors as TrueLayer that raised within 45 days of this round, from Fundz verified event records.

  • Extend raised $260M (Series C) on May 18, 2021.
  • Stripe raised $6.9B on March 26, 2021.
  • Stripe raised $600M (Funding Round) on March 15, 2021.
  • Store Capital raised an undisclosed amount (Funding Round) on May 20, 2021.
  • Altruist raised an undisclosed amount (Funding Round) on May 19, 2021.
  • Pipe raised $250M (Post-IPO Equity) on May 19, 2021.

Who to call at TrueLayer, and when

A new round usually means TrueLayer is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day TrueLayer raises, hires an executive or expands, scored against what you sell
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Company Information

Company

TrueLayer

Location

40 Finsbury Square

London, England, United Kingdom

About

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.

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Related People

1 contact
Verified contactsFrancesco, Co-Founder and CEO hiddenSee plans and pricing
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.