London-based TrueLayer believes that open banking should be the default way to save money safely and instantly. Operating with this objective, the fintech startup makes it easy to integrate financial services such as open banking into any website or app.
Secures extension to Series C funding
In a recent development, TrueLayer announced that it has secured an additional $25M (nearly €21.35M) investment, under its Series C funding from existing investors including Northzone, Anthemis Group, Tencent, and Temasek. This takes the overall funding raised by the company to $75M (nearly €64M) funding.