European Open Banking Fintech TrueLayer Teams Up with BR-DGE

TrueLayer, Europe’s open banking payments network, announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe.

BR-DGE is a key player focused on payment orchestration, working with enterprise businesses, across sectors such as transport, travel, igaming, digital goods and online retail.

BR-DGE’s platform offers access to multiple banking platforms, payment methods and other key payment-related services via “a single integration.”

Recognising the growth in open banking powered Pay by Bank, particularly in the UK, but increasingly across Europe and further afield, BR-DGE has partnered with open banking payment provider — and Pay by Bank provider — TrueLayer, to add this payment method to its suite of options.

A “high-performing” checkout experience is one that blends customer preference with the best business outcomes, “namely reducing cost inefficiencies and driving sales.”

To do this, merchants need to be able to access, operate and “add new payment methods to their checkout quickly and efficiently.”

That’s where BR-DGE comes in: a single integration connecting merchants with an ecosystem of payment methods, fraud solutions, PSPs, challenging outdated processes and legacy technology, “which so often hold businesses back.”

By adding TrueLayer to its ecosystem, BR-DGE will offer its merchants a payment method — in Pay by Bank — that sees “over 20 million payments a month in the UK alone, and two-thirds of online shoppers comfortable in trying Pay by Bank if offered.”

Mariko Beising, VP Financial Services & Payment Partnerships at TrueLayer, commented:

“Pay by Bank — and open banking more generally — is no longer an idea on the distant horizon, it’s right in front of us. Consumer adoption is growing rapidly, and merchants increasingly recognise the benefits, namely its real-time settlement, high-converting user experience and bank-grade security. BR-DGE is leading the way in payment orchestration and we’re delighted to partner with them to offer Pay by Bank to its merchants.”

Tom Voaden, VP Commercial at BR-DGE, said:

“At BR-DGE, we’re really excited about this new partnership with TrueLayer, so we can further advance interoperability in the payments ecosystem with the addition of Pay by Bank. This collaboration not only simplifies connectivity and expands payment options but also positions BR-DGE to drive industry standards for open, interconnected networks—future-proofing our platform for continued growth and innovation.”

As covered, TrueLayer is Europe’s open banking payments network.

They power online payments by combining “real-time bank payments with financial and identity data.”

Businesses reportedly use their products to “onboard new users, accept money and make payouts in seconds, and at scale.”

They’re live across 21 countries and over 10 million users trust them “to process their transactions.”

They’re on a mission to “change the way the world pays.””

Established in Edinburgh back in the year 2018, BR-DGE is described as a payment orchestration platform.

As technology provider, BR-DGE is redefining the ecosystem, “to deliver value through the entire payments chain.”

By serving as a tech anchor-point, BR-DGE enables enterprise merchants, financial institutions, platforms and payment providers “to access best-in-class payment tools and products via a single integration.”

BR-DGE’s platform connects with “over 400 payment methods and partner solutions, including Visa, Mastercard, PayPal, Discover, Thunes, Trustly, Kount, to help clients overcome payment challenges and drive better customer and commercial outcomes for their business. ”

In 2023, BR-DGE was the first platform to “go live with Visa Instalments with a UK merchant and launched BR-DGE Vault, its standalone Network Tokenization solution. ”



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