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.
Amount Raised
$50 Million
Round Type
Funding Round
LondonFinancial Servicesinformation technology & servicesInvestors
Description
TrueLayer, a UK open banking startup, processed 188m transactions in 2024, reflecting substantial growth. The company has announced a $50m funding round to help streamline operations and drive profitability. Although TrueLayer has faced pre-tax losses, it aims to improve its financial standing. Key metrics highlight the increasing adoption of its technology by e-commerce platforms.
Quick answer
TrueLayer raised $50 Million in a Funding Round round, dated September 25, 2025. Investors: Tiger Global and Stripe. TrueLayer is based in London, England, United Kingdom.
- How much did TrueLayer raise?
- TrueLayer raised $50 Million in a Funding Round round on September 25, 2025.
- Who invested in TrueLayer?
- Tiger Global and Stripe are named as investors in this round.
- 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.
- Dezerv raised $40M (Funding Round) on October 13, 2025.
- Treasure Global raised $400K (Funding Round) on October 7, 2025.
- Zaggle Prepaid Ocean Services raised $6.8M (Seed) on October 4, 2025.
- Feedzai raised an undisclosed amount on October 2, 2025.
- PasarPolis raised $5M (Funding Round) on September 22, 2025.
- BoardClic raised $2M (Funding Round) on August 28, 2025.
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
- The decision-makers there, with verified emails
- Who you already know at TrueLayer, from your own LinkedIn network
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Related People
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