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TrueLayer

TrueLayer

Private
London, EnglandFinTechhttps://www.truelayer.com

Last Round

Growth Equity

Feb 19, 2026

Est. Valuation

$700M

Total Funding Raised

$321.8M

Company Overview

TrueLayer is a fintech company that offers an open banking platform enabling secure connections with banks, neobanks, and digital wallets for efficient access to financial data, payment initiation, and identity validation.

Sector

FinTech

Verticals

Digital Payments, Financial Data, Digital Identity, RegTech

Business Model

B2B2C

Customer Profile

Usage-Based SaaS, Payment Processing Fee, Freemium, Subscription SaaS

AI Layer

Non-AI

Keywords

open banking platformPay by Bankopen banking paymentsA2A paymentspayment APIVariable Recurring PaymentsVRPfintech infrastructurebank connectivitydata APIidentity verificationPISPAISPcard alternativepayouts API

Historical Pricing

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Caplight Momentum Score

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TrueLayer Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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TrueLayer Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Growth EquityFeb 19, 2026
Series EOct 4, 2024
Series ESep 21, 2021
Series DApr 8, 2021
Series C ExtensionSep 21, 2020
Series C
Jun 4, 2019

Key People

Founding team and executive leadership

Basil Bailey

Chief Executive Officer And Executive Director (PCF8 And PCF1) Truelayer (Ireland) Ltd, General Manager Truelayer (Europe)

Executive Team

Francesco Simoneschi

Co-Founder And CEO

Founding Team

Mo Mirza

CFO

Executive Team

Pamela Crilly

Executive Director-PCF 1 (Truelayer Ireland), Group Director Of Operations And Transformation, Truelayer Ireland COO, Operational Resilience Manager And Chief Operating Officer-Truelayer Ireland Limited

Executive Team

TrueLayer Investors

Notable investors and investment history

InvestorRounds
AdditionSeries D
TemasekSeries E, Series D, Series C Extension, Series C
Connect VenturesSeries B, Series C Extension
Visionaries ClubSeries D
NorthzoneSeries D, Series C, Series B, Series C Extension, Series E
Connect VenturesSeries B, Series C Extension, Series D, Series C, Series A, Seed
AnthemisSeries B, Series C, Series C Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 24, 2026

    Stefano De Lollis appointed to drive Pay by Bank adoption.

  • Mar 1, 2026

    Ryanair and Just Eat Takeaway are new customers.

TrueLayer Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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TrueLayer Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about TrueLayer's valuation, stock price, and market status.

Firmographic Details

HeadquartersLondon, England
Employee Range278
Year Founded2016
Last FundingFeb 19, 2026

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.