Tagged: truelayer

European Fintech TrueLayer to Acquire Nordic Pay By Bank Network Zimpler

TrueLayer says it has signed an agreement to acquire Zimpler, a Pay by Bank network in the Nordics. The acquisition will now aim bring together two of Europe’s Pay by Bank providers, further strengthening TrueLayer as a key player in the crowded European payments industry…. Read More

TrueLayer Says They are Driving Open Banking Growth

Earlier today, an update from Open Banking Limited (OBL) reported that open banking in the UK has topped 15 million users, including individuals and businesses, as of July 2025. This represents a 50% increase from the 10 million users recorded just a year prior, highlighting the… Read More

UK’s Zap Launches Payments Offering, Enabled by TrueLayer and DNA Payments

Zap, a digital design and marketing agency, has launched its new payments product alongside Zap Cashier, a service that promises a seamless payment experience, embedded directly into Zap’s technology platform. Zap’s payment functionality is secured by TrueLayer, Europe’s Pay by Bank provider and DNA Payments,… Read More

Stripe, TrueLayer Partner on Pay by Bank

Stripe and TrueLayer are partnering on Pay by Bank in Germany and France. According to a release, the initiative builds upon the success the two firms had in the UK. By offering Pay by Bank, users can access a streamlined and more effective payment process… Read More

UK Payments Firm TrueLayer Partners with Tebex on Gaming

TrueLayer, a UK-based payments firm, is now working in the gaming sector following an agreement with Tebex. According to a company statment, Tebex is utilizing TrueLayer’s services in Germany, France, Spain, Belgium and the UK. TrueLayer offers a “Pay by Bank” network that enables immediate… Read More

Payments Fintech TrueLayer Reports Topping $10 Billion in Payments in One Month

Payments Fintech TrueLayer is reporting that it has surpassed $10 billion in payments in a single month. The company says this places them on a trajectory to transfer over $100 billion in one year. TrueLayer adds that during the first quarter, it added more than… Read More

TrueLayer and Other Fintechs, Banks to Fund Commercial Variable Recurring Payments Initiative

In a key move for the UK’s financial ecosystem, Open Banking Limited has announced that 31 organizations, including fintech TrueLayer, have committed to funding the establishment of an operator to advance commercial variable recurring payments (cVRPs). This collaborative effort, encompassing high street banks, challenger banks,… Read More

TrueLayer’s Pay by Bank Report: Streamlining E-Commerce Payments

In its 2025 Pay by Bank report, TrueLayer, Europe’s open banking payments provider, outlines a transformative vision for ecommerce payments, positioning Pay by Bank as a key innovation in the competitive checkout landscape. Authored by CEO Francesco Simoneschi and VP Jack Wilson, the report details… Read More

European Open Banking Fintech TrueLayer Partners with Papa Johns

TrueLayer, Europe’s Pay by Bank network, has announced a partnership with Papa Johns, one of the world’s pizza brands to introduce Pay by Bank, a payment method that enables customers to pay directly from their bank accounts. With TrueLayer’s open banking technology, Papa Johns customers… Read More

European Pay By Bank Fintech TrueLayer Reports 10 Million Users

TrueLayer, Europe’s Pay by Bank provider, is announcing that its consumer network has now surpassed 10 million active users. This growth highlights the demand for cost-effective digital payments, with TrueLayer’s Pay by Bank solution contributing to the key industry trend. To date, TrueLayer says that… Read More

European Open Banking Fintech TrueLayer Teams Up with BR-DGE

TrueLayer, Europe’s open banking payments network, announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe. BR-DGE is a key player focused on payment orchestration, working with enterprise businesses, across sectors such as transport, travel, igaming,… Read More

Open Banking Fintech TrueLayer Teams Up with Ryanair

Fintech TrueLayer, which claims to be one of Europe’s most prominent open banking payments network, has teamed up with Ryanair, Europe’s largest airline group. This collaboration is now live and represents a key milestone for both TrueLayer and Ryanair. Ryanair customers are now able to… Read More

UK Fintech Truelayer Announces Layoffs, Loses Unicorn Status in Latest Funding Round

Truelayer, which was once a Fintech Unicorn (valued at over $1 billion), has made the decision to cut around a quarter of its workforce. This appears to part of Truelayer’s overall business strategy to substantially lower costs and attempt to move towards profitability in order… Read More

Open Banking Fintech TrueLayer Reports Growth in Revenue and Increase in Losses

Fintech firm TrueLayer recently shared its FY2023 report. TrueLayer has reported £12 million of revenue and £55 million in total losses for this financial period. Truelayer is Europe’s open banking network, enabling service providers to onboard users, accept money and carry out payouts within a… Read More

European Open Banking Payments Fintech TrueLayer Expands Partnership with Stripe

TrueLayer, an open banking payments network, says it has expanded its partnership with Stripe. TrueLayer now underpins Stripe’s Pay by Bank offering “across its payments products in the UK.” In May, Stripe unveiled Pay by Bank—a new payment method “enabling merchants to accept payments directly… Read More

TrueLayer, a European Open Banking Payments Network, Partners with Jaja Finance

TrueLayer, Europe’s open banking payments network, announces a partnership with digital lender Jaja Finance to enable credit card repayments. Jaja will leverage TrueLayer’s payments product “to offer instant pay-ins, allowing customers to make one-off credit card repayments directly from their bank account.” This functionality is… Read More

TrueLayer Explains How It Launched Closed Loop Payments with ClearBank

The growth of Open Banking in the United Kingdom has continued to accelerate. The latest data from Open Banking Limited, the independent entity established by the Competition and Markets Authority (CMA) to oversee its implementation, shows “more than 9 million active users and 14.45m payments… Read More

Open Banking: Fintech OpenPayd Enhances Instant Payments with TrueLayer Partnership

OpenPayd, the global payments and Banking-as-a-Service (BaaS) platform, today announced its partnership with TrueLayer, Europe’s open banking payment network, to enhance its instant payment solutions offering for its clients. OpenPayd will leverage TrueLayer’s payments network “throughout the UK and Europe to enable secure and instant… Read More

Lendable Adds Recurring Payments, Works with TrueLayer

Lendable has added recurring payments to its platform by leveraging the services of TrueLayer, according to a company statement. TrueLayer is an Open Banking provider and Lendable providers loans to consumers. TrueLayer said the new service was incorporated as Lendable leveraged its Account Information Services… Read More

TrueLayer to Enable Gaming Operator William Hill to Prove Instant Payouts an Pay-ins

TrueLayer has issued an update stating they will be enabling William Hill, a UK gaming operator, to provide instant pay-ins and pay-outs for its customers. William Hill provides sports betting, poker, and more. TrueLayer says the winnings can be transferred instantly into a user’s bank… Read More

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