FundedIQ
Financial Services

TrueLayer: Funding, Investors & Team (Sep 2026)

TrueLayer is Europe’s leading open banking payments network. We power smarter, safer and faster online payments by combining real-time bank payments with financial and identity data. Businesses big and small use our products to onboard new users, accept money and make payouts in seconds, and at scale.

truelayer.com LinkedIn London, United Kingdom 251-500 employees
Banking Developer Tools Financial Services FinTech Payments B2B
Total raised
$250M
Rounds
4
Latest
Undisclosed round
Feb 2026

TrueLayer has raised $250M across 4 funding rounds on record, the most recent an undisclosed round announced in Feb 2026.

TrueLayer Company Profile and Key Stats

Total funding raised
$250M
across 4 rounds on record
Funding rounds on record
4
1 with no disclosed amount
Latest funding round
Undisclosed round
Feb 2026
Employees
251-500
reported band
Headquarters
London, United Kingdom

Latest funding round on record: Feb 2026.

TrueLayer Funding Rounds

Date
Round
Amount
Undisclosed round
Undisclosed
Series E
$50.0M
Series E
$130M
Series D
$70.0M

1 of 4 rounds was announced without a disclosed amount and is excluded from the total.

TrueLayer raised $70.0M in a Series D announced in Apr 2021.

5 months later, a Series E of $130M was announced in Sep 2021.

3.1 years later, a Series E of $50.0M was announced in Oct 2024.

1.3 years later, an undisclosed round was announced in Feb 2026 with no disclosed amount.

TrueLayer Founders and Leadership Team

Name
Role
Contact
Francesco Simoneschi
CEO
Locked

Contact details for the TrueLayer team: 1 of 1 has an email address on file.

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TrueLayer Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

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TrueLayer Funding FAQs

What does TrueLayer do?

TrueLayer is Europe’s leading open banking payments network. We power smarter, safer and faster online payments by combining real-time bank payments with financial and identity data. Businesses big and small use our products to onboard new users, accept money and make payouts in seconds, and at scale.

How much funding has TrueLayer raised?

TrueLayer has raised $250M across 4 rounds on record.

When did TrueLayer last raise funding?

TrueLayer's most recent funding round on record was announced in Feb 2026. The amount was not disclosed.

Who is the CEO of TrueLayer?

Francesco Simoneschi is listed as CEO at TrueLayer.

Where is TrueLayer headquartered?

TrueLayer is based in London, England, United Kingdom.

How many employees does TrueLayer have?

TrueLayer is in the 251-500 employee band.

About FundedIQ's TrueLayer Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for TrueLayer is left off this page rather than filled in.

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