# TrueLayer

**Source:** https://www.startuphub.ai/startups/truelayer
**Profile type:** Startup

> The leading global provider of financial APIs.

## About

TrueLayer is a global provider of financial APIs, enabling businesses to connect to their customers' bank accounts. They offer a platform that allows developers to build applications that can access real-time financial data and initiate payments. Their services are used for a variety of purposes, including account verification, payment initiation, and data aggregation, supporting open banking initiatives globally.

## Key facts

- **Slug:** truelayer
- **Website:** https://truelayer.com/
- **Location:** London, England, United Kingdom
- **Founded:** 2016-01-01 00:00:00
- **Employees:** 350
- **Operating status:** Active
- **Total funding:** $270M
- **Sectors / tags:** Fintech, Open Banking, Financial Services, API
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/truelayer/
  - Twitter: https://twitter.com/TrueLayer

## Frequently asked

### What does TrueLayer do?

TrueLayer is a global provider of financial APIs, enabling businesses to connect to their customers' bank accounts. They offer a platform that allows developers to build applications that can access real-time financial data and initiate payments. Their services are used for a variety of purposes, including account verification, payment initiation, and data aggregation, supporting open banking initiatives globally. (formerly [].)

### What is TrueLayer's revenue?

StartupHub estimates TrueLayer's annual revenue at $134.1M (range $71.8M to $373.9M, 68% confidence), based on comparable companies in the sector.

### What is TrueLayer's valuation?

StartupHub estimates TrueLayer's effective valuation at $649.7M (range $454.8M to $844.7M, 28% confidence), based on comparable companies in the sector.

### How much funding has TrueLayer raised?

TrueLayer has raised a total of $270M in funding. The most recent round on record is Series D.

### Where is TrueLayer headquartered?

TrueLayer is headquartered in London, England, United Kingdom.

### When was TrueLayer founded?

TrueLayer was founded in 2016.

### What industry does TrueLayer operate in?

TrueLayer operates in Fintech, Open Banking, Financial Services, API.

### How many employees does TrueLayer have?

TrueLayer has approximately 350 people on record.

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