Finance

British fintech start-up TrueLayer raises $70 million

0


Francesco Simoneschi, CEO and co-founder of U.K. fintech start-up TrueLayer.

TrueLayer

LONDON — British financial technology start-up TrueLayer says it’s raised $70 million in fresh funding, highlighting continued appetite from investors for fast-growing fintech firms.

TrueLayer lets fintech apps like Revolut and Freetrade connect with customers’ bank accounts using technology known as APIs, or application programming interfaces. This means users of those apps can then make payments from their bank or view balances and transactions from different accounts.

The company said its latest investment round was led by Addition, the venture capital firm founded by former Tiger Global partner Lee…



Source cnbc.com

Long-haulers report symptoms easing after getting shot

Previous article

Sneaker reseller StockX’s valuation jumps to $3.8 billion

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Finance