UK-based financial technology software developer TrueLayer has extended its series C round by $25m from its existing investors, which include China-based internet and gaming group Tencent.
TrueLayer provides software that enables developers to build applications that can access and share customer’s bank accounts and financial data as well as initiate payments. TrueLayer said it had now raised $72m in total.
In June 2019, TrueLayer secured $35m in funding from Tencent and Singaporean state-owned investment firm Temasek.
TrueLayer received $7.5m in…
