TrueLayer Raises $27M Other
TrueLayer raises $27M led by CDP Venture Capital to support the fintech company's expansion of its open banking payment infrastructure in Italy.
TrueLayer Raises $27M in Funding
TrueLayer, based in London, UK, is an open banking payments fintech that provides an alternative to traditional card networks. The company has secured $27 million in new funding to support its ongoing expansion in Italy.
Investors
The funding round was led by CDP Venture Capital, an Italian state-backed investment firm, with participation from a consortium of new and existing investors.
TrueLayer Use of Funds
The company plans to use the capital to bolster its presence in Italy and continue its hiring efforts in the region through 2027.
About TrueLayer
Founded in 2016 by Francesco Simoneschi and Luca Martinetti, TrueLayer is a fintech company that leverages open banking technology to facilitate account-to-account payments, aiming to provide a modern payment infrastructure for Europe.
Funding Details
Company Website: https://truelayer.com
Company: TrueLayer
Raised: $27M
Funding Date: October 8, 2026
Lead Investor: CDP Venture Capital
Software Category: Fintech
Source: https://tech.eu/2026/10/08/truelayer-captures-27m-investment-as-targets-italy-expansion/
