# TrueLayer

TrueLayer is an Asset Manager.

## Overview

- **Organization type:** Asset Manager
- **Region:** Europe
- **Assets under management:** Undisclosed
- **Website:** truelayer.com
- **LinkedIn:** https://www.linkedin.com/company/truelayer

## Regulatory record

- **Reports private funds:** No

## About

We power faster and safer online payments with our open banking payments network. Onboard users, accept payments & make payouts in seconds. Learn more today.

## Sectors

- FinTech

## Questions

### How does TrueLayer make money?

TrueLayer charges merchants a per-transaction fee for account-to-account payments processed through its API. Because the model bypasses card networks, the firm can price beneath interchange-fee-based structures while retaining margin. It also monetizes add-on modules for identity verification and transaction data enrichment.

### Is TrueLayer a bank or a payments provider?

TrueLayer is a regulated payments institution — it holds licenses to initiate payments and operate accounts but does not take deposits or lend. Functionally, it acts as a payments network that substitutes open banking rails for traditional card infrastructure at the point of checkout.

### Which industries does TrueLayer explicitly target?

TrueLayer targets five named verticals: ecommerce, iGaming, financial services, travel, and crypto. Each vertical gets tailored product combinations — for example, a signup-to-funded-account flow for iGaming and fiat on/off-ramp APIs for crypto platforms.

### How does TrueLayer handle fraud and security?

The firm removes card details from the payment flow entirely — consumers authenticate via biometric login inside their own banking app. TrueLayer also vets and onboards merchants itself, adding a counterparty-screening layer. Because no card data enters TrueLayer’s system, card-not-present fraud and chargebacks do not apply.

### What does 'one new user every three seconds' actually measure?

That velocity metric reflects the rate at which end-consumers link their bank account to a merchant through TrueLayer’s interface for the first time. The company publishes the number as a proxy for network growth, distinct from transaction count or gross payment volume, neither of which it discloses.

## Related profiles

- [Cinch Tech](https://altss.com/profile/cinch-tech)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/truelayer

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