TrueLayer

Type: Open Banking Platform

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About TrueLayer

Founded	2016
Headquarters	London, United Kingdom
Market share	TrueLayer is a leading player in the open banking space, competing with other fintech companies and traditional banks.
Major competitors	Plaid Yapily Salt Edge Finicity
Notable partnerships	Financial institutions like Revolut and Monzo. Fintech companies such as Zopa and Cleo. E-commerce platforms to facilitate seamless payments.
Recent developments	Expansion into new European markets. Partnerships with major banks to enhance API offerings. Launch of new features for enhanced user experience.
Regulations	TrueLayer operates under the European Union's PSD2 directive, ensuring secure and regulated access to financial data.
Official website	https://truelayer.com