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TrueLayer

by TrueLayer Ltd.
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Smartreview AI Trust-IQ Score™

Independent AI audit · 25 parameters across 5 domains · equal weight

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01

Software development lifecycle

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02

Product management

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03

Organization

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04

Security & privacy

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05

Implementation & support

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TrueLayer overview

TrueLayer is an open banking and financial connectivity platform that enables businesses to securely connect with customers’ bank accounts and access financial data or initiate payments with user consent. It provides APIs that connect applications to banks across supported markets, reducing the need for businesses to build and maintain individual bank integrations.

TrueLayer supports use cases such as account verification, identity and financial-data access, instant bank payments, payment initiation, and transaction information. Businesses can use its infrastructure for applications including fintech platforms, marketplaces, lending, e-commerce, and financial services.

Its open banking capabilities can help simplify payments by allowing customers to pay directly from their bank accounts, potentially reducing reliance on traditional card networks. TrueLayer also provides tools and security mechanisms designed to support regulatory requirements, authentication, and consent management. Overall, TrueLayer acts as a technology layer between banks and businesses, enabling secure, API-based access to banking data and payment services.

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Company Information

London, United Kingdom
Vision

A world where paying by bank is the default online — instant, low-cost and fraud-resistant — and cards are the legacy rail people remember paying interchange on.

Mission

We build the open banking payments network of Europe — Pay by Bank checkout, instant payouts and data — so merchants settle instantly at a fraction of card cost.

Leadership team

Meet the leaders shaping our vision, product, and growth.

No leadership team has been added for this product yet.

Compliance

Our certifications and compliance frameworks that keep your data safe.

ISO 27001
SOC 2 Type II
PCI DSS
GDPR
CCPA / CPRA

Pricing

All plans include core features. Per month, billed annually.

Features

All capabilities grouped by category.

Payments

  • Pay by Bank checkout flows
  • Instant payouts and refunds
  • Variable recurring payments
  • Closed-loop deposits and withdrawals
  • Settlement and reconciliation tools

Data

  • Account verification
  • Balances and transactions
  • Income and affordability signals
  • Identity checks
  • Consent flows

Platform

  • UK and EU bank coverage
  • Conversion-optimised SDKs
  • Developer sandbox free
  • Fraud and risk controls
  • Enterprise SLAs and volume pricing