Stripe has joined Tiger Global to invest in the open banking technology developer, which also counts Tencent and Mouro Capital as shareholders.
Payment technology producer Stripe backed a $130m funding round for UK-based open banking technology developer TrueLayer on Monday that was led by investment firm Tiger Global Management.
Founded in 2016, TrueLayer operates an open banking platform that enables financial services companies and other businesses to provide payment verification and processing services for their customers.
The company will use the new funding to expand access to its offering and also intends to grow its engineering and product teams. The round valued…
