Archives

May 31, 2026 @ 1:56 am By Omar Faridi  |  

Fintech platform TrueLayer, Europe’s Pay by Bank network, has announced its acquisition of in3, a Dutch fintech focused on consumer credit facilitated through direct bank payments. This strategic move, revealed recently this month, positions TrueLayer as the sole provider in the region capable of delivering… Read More

February 23, 2026 @ 12:30 am By Omar Faridi  |  

In a move set to reshape online checkout experiences, eBay has teamed up with TrueLayer, a European provider of pay-by-bank solutions, to introduce direct bank payments for its UK customers. Announced on 19 February 2026, the collaboration makes pay-by-bank functionality available at eBay’s checkout, allowing… Read More

October 22, 2025 @ 8:51 am By Omar Faridi  |  

TrueLayer says it has signed an agreement to acquire Zimpler, a Pay by Bank network in the Nordics. The acquisition will now aim bring together two of Europe’s Pay by Bank providers, further strengthening TrueLayer as a key player in the crowded European payments industry…. Read More

September 1, 2025 @ 5:13 pm By JD Alois  |  

Earlier today, an update from Open Banking Limited (OBL) reported that open banking in the UK has topped 15 million users, including individuals and businesses, as of July 2025. This represents a 50% increase from the 10 million users recorded just a year prior, highlighting the… Read More

July 8, 2025 @ 8:02 pm By Omar Faridi  |  

Zap, a digital design and marketing agency, has launched its new payments product alongside Zap Cashier, a service that promises a seamless payment experience, embedded directly into Zap’s technology platform. Zap’s payment functionality is secured by TrueLayer, Europe’s Pay by Bank provider and DNA Payments,… Read More

July 2, 2025 @ 4:16 am By JD Alois  |  

Stripe and TrueLayer are partnering on Pay by Bank in Germany and France. According to a release, the initiative builds upon the success the two firms had in the UK. By offering Pay by Bank, users can access a streamlined and more effective payment process… Read More

May 29, 2025 @ 8:30 am By JD Alois  |  

TrueLayer, a UK-based payments firm, is now working in the gaming sector following an agreement with Tebex. According to a company statment, Tebex is utilizing TrueLayer’s services in Germany, France, Spain, Belgium and the UK. TrueLayer offers a “Pay by Bank” network that enables immediate… Read More

May 7, 2025 @ 8:52 am By JD Alois  |  

Payments Fintech TrueLayer is reporting that it has surpassed $10 billion in payments in a single month. The company says this places them on a trajectory to transfer over $100 billion in one year. TrueLayer adds that during the first quarter, it added more than… Read More

May 6, 2025 @ 2:17 pm By Omar Faridi  |  

In a key move for the UK’s financial ecosystem, Open Banking Limited has announced that 31 organizations, including fintech TrueLayer, have committed to funding the establishment of an operator to advance commercial variable recurring payments (cVRPs). This collaborative effort, encompassing high street banks, challenger banks,… Read More

April 30, 2025 @ 9:17 pm By Omar Faridi  |  

In its 2025 Pay by Bank report, TrueLayer, Europe’s open banking payments provider, outlines a transformative vision for ecommerce payments, positioning Pay by Bank as a key innovation in the competitive checkout landscape. Authored by CEO Francesco Simoneschi and VP Jack Wilson, the report details… Read More

April 6, 2025 @ 11:02 pm By Omar Faridi  |  

TrueLayer, Europe’s Pay by Bank network, has announced a partnership with Papa Johns, one of the world’s pizza brands to introduce Pay by Bank, a payment method that enables customers to pay directly from their bank accounts. With TrueLayer’s open banking technology, Papa Johns customers… Read More

February 13, 2025 @ 7:31 am By Omar Faridi  |  

TrueLayer, Europe’s Pay by Bank provider, is announcing that its consumer network has now surpassed 10 million active users. This growth highlights the demand for cost-effective digital payments, with TrueLayer’s Pay by Bank solution contributing to the key industry trend. To date, TrueLayer says that… Read More

January 14, 2025 @ 7:30 am By Omar Faridi  |  

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,… Read More

December 12, 2024 @ 1:41 pm By Omar Faridi  |  

Fintech TrueLayer, which claims to be one of Europe’s most prominent open banking payments network, has teamed up with Ryanair, Europe’s largest airline group. This collaboration is now live and represents a key milestone for both TrueLayer and Ryanair. Ryanair customers are now able to… Read More

November 18, 2024 @ 8:52 am By Omar Faridi  |  

Truelayer, which was once a Fintech Unicorn (valued at over $1 billion), has made the decision to cut around a quarter of its workforce. This appears to part of Truelayer’s overall business strategy to substantially lower costs and attempt to move towards profitability in order… Read More

September 30, 2024 @ 9:09 pm By Omar Faridi  |  

Fintech firm TrueLayer recently shared its FY2023 report. TrueLayer has reported £12 million of revenue and £55 million in total losses for this financial period. Truelayer is Europe’s open banking network, enabling service providers to onboard users, accept money and carry out payouts within a… Read More

September 11, 2024 @ 8:16 am By Omar Faridi  |  

TrueLayer, an open banking payments network, says it has expanded its partnership with Stripe. TrueLayer now underpins Stripe’s Pay by Bank offering “across its payments products in the UK.” In May, Stripe unveiled Pay by Bank—a new payment method “enabling merchants to accept payments directly… Read More

June 15, 2024 @ 5:37 am By Omar Faridi  |  

TrueLayer, Europe’s open banking payments network, announces a partnership with digital lender Jaja Finance to enable credit card repayments. Jaja will leverage TrueLayer’s payments product “to offer instant pay-ins, allowing customers to make one-off credit card repayments directly from their bank account.” This functionality is… Read More

May 12, 2024 @ 11:12 pm By Omar Faridi  |  

The growth of Open Banking in the United Kingdom has continued to accelerate. The latest data from Open Banking Limited, the independent entity established by the Competition and Markets Authority (CMA) to oversee its implementation, shows “more than 9 million active users and 14.45m payments… Read More

February 21, 2024 @ 10:39 am By Omar Faridi  |  

OpenPayd, the global payments and Banking-as-a-Service (BaaS) platform, today announced its partnership with TrueLayer, Europe’s open banking payment network, to enhance its instant payment solutions offering for its clients. OpenPayd will leverage TrueLayer’s payments network “throughout the UK and Europe to enable secure and instant… Read More