TrueLayer accrues $70m in series D round

Apr 8, 2021 • Robert Lavine

The opemn banking software provider almost doubled its overall funding to $142m in a round featuring Santander-backed Mouro Capital.

TrueLayer, the UK-based developer of an open banking platform, received $70m yesterday in a series D round led by Mouro Capital, the venture capital firm spun off by financial services firm Santander.

Investment firm Addition led the round, which included Anthemis Group, Connect Ventures, Northzone, Temasek, Visionaries Club and private investors Surojit Chatterjee, Zack Kanter, Daniel Graf and David Avgi.

Founded in 2016, TrueLayer provides open source banking software that enables enterprises to add banking services to their offering. The…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.

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