TrueLayer | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
TrueLayer is Europe’s leading open banking payments network, providing a platform for smarter, faster, and safer online payments...
TrueLayer is Europe’s leading open banking payments network, providing a platform for smarter, faster, and safer online payments by combining real-time bank payments with financial and identity data. They cater to businesses of all sizes, enabling them to onboard users, accept payments, and make payouts at scale across the UK and Europe.
Website
Headquarters
London, London
Size
201-500 employees
Industry
Software Development
Specialities
Bank API, FinTech, Developer Tools, APIs, Bank Data, OpenBanking, Fintech, Open Finance, Banking, Payments, Payments API
🛍️ TrueLayer Product and Pricing News →
👔 TrueLayer CEO, Management and Leadership Team →
⚔️ TrueLayer Alternatives and Competitors →
💼 TrueLayer Hiring and Layoffs →
🤖 TrueLayer Developer, Integration and Automation News →
📈 TrueLayer Financials, Fundraising and Valuation News →
🛍️ TrueLayer Product and Pricing News
- TrueLayer has updated its Signup+ Service to allow users to identify themselves and make payments on a Merchant's website in one streamlined process, with verification involving account information sharing through either Payment Initiation Service (PIS) or Account Information Service (AIS).
- Jack Wilson, VP Policy & Research at TrueLayer, discussed the impact of new APP fraud rules on A2A payments at Future Fintech.
- Jack Wilson, VP Policy & Research at TrueLayer, will join a panel at the Future of Fintech event next week to discuss the UK payments ecosystem.
- Karina Celis, Senior Software Engineer Manager at TrueLayer, has been shortlisted for the Women in Open Banking Rising Star Award.
- TrueLayer will co-host a retail community breakfast with Shiptheory on 12 September in London.
- TrueLayer will attend the SBC Summit in Lisbon on August 31 to discuss payments and tech innovation with iGaming professionals.
- TrueLayer is hosting an event on September 12 at their London HQ to discuss last-mile digital shopping experiences with Shiptheory and online retailers.
- TrueLayer and Shiptheory are hosting a breakfast event to discuss the future of payments on August 29.
👔 TrueLayer CEO, Management and Leadership Team
-
Chief Commercial Officer på TrueLayer
-
Chief of Staff to CEO
[email protected] -
Commercial Chief Of Staff (and Head of Commercial Operations)[email protected]
-
CFO[email protected]
⚔️ TrueLayer Alternatives and Competitors
💼 TrueLayer Hiring and Layoffs
- Leela Shanson, Head of Corporate Communications at TrueLayer, announced her departure from the company on September 20.
- Robert Cressey has joined TrueLayer as VP Brand and Design.
- Roberto Villani, VP of iGaming at TrueLayer, shared insights from the iGaming team's off-site in Malaga, emphasizing the importance of building trust, celebrating wins, and having fun.
- Jess Larsen, VP of People at TrueLayer, is seeking efficient variable reward tools that integrate with HiBob.
- ClearBank, which serves TrueLayer, appointed Valerie Romanovskaya as its new UK Chief Financial Officer.
- Chris Carty has left TrueLayer as Integration Sales Manager in the United Kingdom to join Adfin as Solutions & Delivery.
- Louise Fletcher has transitioned to the role of Product Operations Associate at TrueLayer.
- Ewa Berlinska has left TrueLayer as a Customer Success Manager - iGaming in Malta to join Brite Payments as a Senior Merchant Success Manager.
🤖 TrueLayer Developer, Integration and Automation News
- On September 9, 2024, TrueLayer CEO Francesco Simoneschi warned about Europe's heavy reliance on US payment systems and announced partnerships for a 'pay by bank' solution to offer a more resilient alternative.
- TrueLayer integrated with flatfair Deposits to streamline tenancy deposits for over 700 letting agents and their customers.
- CCH iFirm Validate uses TrueLayer's Open Banking platform to enable auditors to conduct bank confirmations and account verifications.
- Within a month of launching TrueLayer's Pay by bank on CopyBet’s platform, close to 1 in 3 users opted to use it, including 92% of new players, saving CopyBet up to 500% on operational costs.
- TrueLayer powered the 'Pay by bank' feature for Topps Tiles, allowing customers to complete payments through their mobile banking app.
- TrueLayer partnered is a partner of Ema.
- Zopa Bank is using Open Banking powered by TrueLayer to simplify money management for British consumers.
- RiseUp uses TrueLayer to securely connect to users' bank accounts through open banking.
📈 TrueLayer Financials, Fundraising and Valuation News
- On October 3, 2024, Stripe, Inc. invested $50M in TrueLayer.
- TrueLayer reported a doubling of payment volume to £21bn in 2023, reaching an annualised £29bn from 120 million transactions, but despite revenue tripling to £12.43m, the company remains far from profitability.
- TrueLayer, a payments platform backed by Stripe, is increasing its losses according to the latest accounts reports.
- TrueLayer reported a pre-tax £55.6 million loss for 2023 but saw revenue increase by 200% and gross profit rise from £2.96 million to £7.78 million.
People also viewed
