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.
Amount Raised
$50 Million
Round Type
Series E
LondonFinancial Servicesinformation technology & servicesInvestors
Description
TrueLayer has completed an extension of its Series E funding round, raising an additional $50 million to further develop its pay-by-bank network. The company processes over $50 billion in payments volume annually and aims to challenge the status quo in online payments.
Quick answer
TrueLayer raised $50 Million in a Series E round, dated October 4, 2024. Investors: Northzone. TrueLayer is based in London, England, United Kingdom.
- How much did TrueLayer raise?
- TrueLayer raised $50 Million in a Series E round on October 4, 2024.
- Who invested in TrueLayer?
- Northzone is 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.
- Borderless.xyz raised $3M (Pre-Seed) on October 23, 2024.
- Obligo raised $35M (Series C) on October 22, 2024.
- NovoPayment raised $20M (Private Equity) on November 18, 2024.
- Goodstack raised $28M (Series A) on November 18, 2024.
- QPLIX raised $26M (Funding Round) on November 18, 2024.
- SarvaGram raised $67M (Series D) on November 17, 2024.
Who to call at TrueLayer, and when
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- 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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