Company Overview

About TrueLayer

TrueLayer Details

Founded

2016

Revenue

$4.5M

Funding

$272M

Team Size

360

What SIA Thinks

TrueLayer is a financial technology company that offers businesses a quick and easy way to access banking information and initiate payments. Using TrueLayer, your software can connect with bank accounts to pull in data and perform transactions without the need for complex integration processes. This means that your business can offer secure and efficient financial services to your customers with minimal hassle.

TrueLayer is designed to work with multiple banks, providing a unified platform that simplifies the process of integrating banking functionality. Whether you're looking to streamline payment processes, verify account information, or offer new financial features within your software, TrueLayer can help you achieve these goals smoothly.

Built with security as a priority, TrueLayer ensures that all data exchanges and transactions are safeguarded. This reassures both your business and your customers that their financial information is handled with the utmost care.

Moreover, TrueLayer continually updates its services to keep pace with regulatory changes and emerging needs in the financial sector, allowing your business to stay compliant without needing to make constant adjustments. The platform is also highly scalable, meaning it can grow alongside your business, accommodating everything from startups to large enterprises.

In essence, TrueLayer takes the complexity out of integrating financial services into your software, so you can focus more on providing great experiences for your users and less on managing the intricacies of banking systems.

Metrics History

7/22 - 4/24

Trending up by 5.2% this month
Showing teamSize history

Pros and Cons

Pros

  • Secure platform
  • Reliable service
  • User-friendly
  • Easy integration
  • Fast transactions

Cons

  • Limited support
  • Limited coverage
  • Complex setup
  • Potential downtime
  • Service fees

Reviews

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