Review (April 2024)

Secure, reliable access to open banking. easily integrate next-generation payments and financial data into any app. build powerful products your customers love.

27.55M

Estimated Revenue

1.48M

Website Visitors

3.6/5

Trustpilot Score

What do we know about TrueLayer?

Estimated Revenue (2020)

$27.55M

Total Funding

$36.8M

Total Employees

190

Founded

2016

Industry

Computer Software

Last Funding Date

Series C Sep 2020

Location

London, United Kingdom

About

TrueLayer: Secure, reliable access to open banking. Easily integrate next-generation payments and financial data into any app. Build powerful products your customers love.

Social Links

Alexa Ranking: 426990

What is TrueLayer's Revenue?

TrueLayer's estimated revenue for 2023 is $27.55M.

What does TrueLayer do?

TrueLayer is the leading technology company providing secure, global access to financial infrastructure. Developers use our APIs to build best-in-class products that securely access data and initiate payments in real-time. Founded in 2016, TrueLayer is connected to major banks across the world, backed by leading venture capital, and trusted by some of the biggest names in fintech including Freetrade, Nutmeg, Revolut, and Trading 212. By making the power of open banking accessible through our platform, TrueLayer enables developers across any industry — from startups to enterprises — to reinvent financial services. TrueLayer is available in the UK, Europe and Australia. https://truelayer.com

What are the monthly traffic metrics for Truelayer?

6/mo Traffic Growth

5.10%

All Time Traffic Growth

Create Free Account

Monthly Hits

1M

Time on Site

3.7Mins

Bounce Rate

21%

How fast is Truelayer growing?

Truelayer has grown by 156.1% in the last 6 months according to SimilarWeb.

How do people interact with Truelayer?

Last month, Truelayer received 1M visitors who spent an average of 3.7 minutes on the website and visited 2.0 different pages per session. Overall, 21% of people bounce on the first visit.

How do people find Truelayer?

807.4k people (55%) visit Truelayer directly. 224.1k (15%) people search for them in Google. Whereas, 43.8k (3%) discover Truelayer through Facebook, Reddit, and YouTube. 5.3k (0%) visitors come from Truelayer's email newsletters. Finally, 1.4k (0.1%) people come from affiliates and or paid referrals.

Who uses Truelayer?

Truelayer's top market is the United Kingdom and they receive 1.1M (75.1%) people.
Then the 2nd is United States with 29.7k (2.0%).
The 3rd is is Spain with 26.7k (1.8%).

Traffic Growth (last 6 months)

All Traffic Source

Country Share

Traffic Growth (last 12 months)

See 12/mo Traffic Stats

What are Truelayer's ads on Google?

Google Ads

No cards. No fraud - Open Banking Payment Provider

https://truelayer.com/payments-api/

Initiate payment within your app using open banking PIS. No cards, no fraud, no chargeback. Let your customers easily deposit funds from any device, no registration required. App-to-app enabled. Instant settlement. Easy reconciliation.

TrueLayer Open Banking APIs - Loved by Developers

https://truelayer.com/

Transparent pricing, simple integration, global coverage. Choose TrueLayer. Build...

Keyword: online bank england

What do Truelayer's customers say about them?

Review Score

3.6/5

Total Reviews

6

Info

TrueLayer
5 Star
66.7%
4 Star
0.0%
3 Star
0.0%
2 Star
0.0%
1 Star
33.3%
Read reviews that mention
Harry Care

Used TL to deposit on T212

Reviewed on 2021-03-10T11:31:39

Used TL to quickly deposit on T212. Seamless user experience! It takes no time.
Alvaro

Fast and reliable

Reviewed on 2021-03-10T11:12:41

I use Truelayer via Revolut every time I top up my account to buy Euros, it works perfectly.The first time took a few minutes but after that, the money is transferred in seconds.
read more
Christian

Super fast

Reviewed on 2021-03-10T11:04:16

I'm a trading enthusiast and have used TrueLayer via a trading app. Funds were available right awayand the whole thing was really fast.
read more
Mr Souza

Easiest and fastest payments in the…

Reviewed on 2021-03-10T11:02:43

Easiest and fastest payments in the market Using my iPhone, I can fund my Trading 212 account with TrueLayer in just seconds and without any credit card numbers or passwords,just my face ID. It's also free!
read more
Rajendra Guragain

bad experience

Reviewed on 2021-02-28T19:30:43

bad experience - it want all to deposit
W Parker

This platform is supposed to allow…

Reviewed on 2021-02-23T10:28:13

This platform is supposed to allow "INSTANT" transfer of funds from my bank account to tradingaccount. After going through the process which my bank confirms I'm returned to a screen with a padlock and the words 'auth truelayer ' . The rest if the screen is blank! No reference number or verification code. After a while a red exclamation mark appears. I check the trading account and there's no deposit. The money appears at sometime in the future, your guess is as good as mine. If it's not INSTANT do say INSTANT. The concern is that your left wondering if your funds will appear and there appears to be no channel for redress other than the trading platform, who will "LOOK INTO IT" as its not their responsibility. Fortunately my transfers have been very small to test the efficiency of the process. Not impressed.
read more

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