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$27.0M
The funding round was led by CDP Venture Capital to support the company's growth in Milan and broader payment infrastructure efforts.
TrueLayer
TrueLayer provides open banking payment rails as an alternative to traditional card networks.
$219MTotal raised
TrueLayer operates a digital payment network that enables bank-to-bank transactions across multiple European countries.
Categories
Founders
Francesco Simoneschi
Co-founder and CEO
Francesco is the co-founder and CEO of TrueLayer and a co-founder and partner at Mission and Market. He previously held strategy and technical roles at FOVE, Upsight, and Staq.
LinkedInInvestors
- $27.0M
- £95.0M
- £50.4M
- £19.6M
- £27.5M
Funding history
£95.0M
Tiger Global Management led the Series E round with participation from Stripe to accelerate global adoption of open banking payments.
£50.4M
The Series D round was led by Addition and will fund international expansion and product development.
£19.6M
The financing round was led by Anthemis with participation from Connect Ventures, Northzone, and Temasek.
£27.5M
TrueLayer raises £27.5m Series C investment from Tencent and Temasek to fuel international expansion
The funding round from Tencent and Temasek will support expansion into Europe and Asia.