Software Alternatives, Accelerators & Startups

TrueLayer VS Remote.com

Compare TrueLayer VS Remote.com and see what are their differences

TrueLayer logo TrueLayer

Simple Bank APIs to access real-time financial data

Remote.com logo Remote.com

Were creating a new standard in global HR, enabling every business to access better payroll, tax, benefits and compliance solutions.
  • TrueLayer Landing page
    Landing page //
    2023-09-28
  • Remote.com Landing page
    Landing page //
    2023-09-13

Remote helps companies of all sizes employ global teams for a low flat rate. We handle payroll, taxes, benefits, options, and compliance in countries around the world. With legal and HR experts in every country, Remote offers an easy-to-use solution for your global team while providing the strongest protections for your intellectual property. Whether you want to establish a new branch or employ a single person in a different country, Remote's global employment solutions have you covered.

Remote.com

Website
remote.com
$ Details
freemium $299.0 / Annually
Platforms
Web Browser Google Chrome Safari
Release Date
2019 June
Startup details
Country
United States
State
California
Founder(s)
Job van der Voort
Employees
100 - 249

TrueLayer features and specs

No features have been listed yet.

Remote.com features and specs

  • Contractor Management: Onboard contractors quickly and safely with localized contracts
  • Contractor Management: Pay contractors on time in their local currency with zero exchange fees
  • Contractor Management: Manage all employment documents in our secure platform
  • Contractor Management: Automatically generate 1099s for US contractors
  • Employer of Record: Onboard, pay, and manage contractors and employees in one secure platform
  • Employer Of Record: Competitive benefits packages tailored to each country
  • Employer of Record: Get support from local HR and legal experts, no third-party delays
  • Payroll Management: Consolidate payroll processing across multiple countries
  • Payroll: Ensure compliance with ever-changing local payroll regulations
  • Payroll: Reduce costs by centralizing payroll management

TrueLayer videos

Building Open Banking API Layers with TrueLayer

More videos:

  • Review - API-based fintechs take the next steps: Plum generate payments via TrueLayer | Homescreen | Ep 53

Remote.com videos

Remote Overview

More videos:

  • Demo - Contractor Management

Category Popularity

0-100% (relative to TrueLayer and Remote.com)
Online Payments
100 100%
0% 0
Hiring And Recruitment
0 0%
100% 100
Recurring Billing
100 100%
0% 0
Job Boards
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, Remote.com seems to be a lot more popular than TrueLayer. While we know about 147 links to Remote.com, we've tracked only 4 mentions of TrueLayer. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

TrueLayer mentions (4)

  • BANKING AS A SERVICE? ANOTHER WAY BUSINESSES MAKE MONEY
    Sounds like Open Banking which is government driven & regulated, depending on where you are. There are a couple of startups that act as an abstraction layer to try to make the experience "frictionless", like TrueLayer. Source: over 1 year ago
  • I'm an experienced programmer trying to build my first website for my clothing brand using JavaScript, HTML and CSS, but I have a few serious questions regarding the problems I might encounter while creating such a website
    You won't avoid interfacing with an API. Even if you don't want to use Stripe/PayPal, you'll need to wrestle with a banks own API or some kind of broker. TrueLayer is a popular way in Europe to access banks that support the Open Banking API. It is through a banking API that you will get confirmation that a payment has been made, so there should be no chance of sending items "for free". Unless you're posting... Source: over 1 year ago
  • Why do some traditional banks still not offer open banking?
    I had a subscription with TrueLayer. The API service was smooth and their team updated me from time to time. They even helped me with regulation by giving us an agency under their FCA license. Eventually I transferred to Nordigen due to a friend’s recommendation. It was also free so why not. It was easy to integrate their program to my business model. One particular program I am happily using that involves open... Source: over 2 years ago
  • Open Beta Ending: A last chance to get FOREVER FREE ACCESS to a money app
    • The technology that helped us connect you with your banks is powered by TrueLayer Ltd, which is regulated by the UK Financial Conduct Authority (FCA) and their registration number is 901096. We are also registered with the FCA (928953), as an agent of TrueLayer. You will see their interface when you choose your banks as well as a statement in our app stating this relationship. More info about TrueLayer if you... - Source: Hacker News / almost 3 years ago

Remote.com mentions (147)

  • How do I hire and pay EU developers?
    Some options include payment through a system like remote.com, direct payment of the whole gross salary to employee's private account (employee would pay their personal tax - not sure if possible in all countries) or the employee can register a company (usually he/she would be the only employee) and you would do a B2B payment of the gross salary to their business account. Source: 7 months ago
  • Has anyone successfully had a visa approved via Remote.com in Spain (probably via highly skilled worker visa)
    I'm currently exploring visa options to live and work in Spain. One option I have is via a new job, the company in question has no legal entity in Spain and instead uses Remote.com but my lawyer has some reservations about this kind of umbrella arrangement being accepted by immigration. Source: 7 months ago
  • Remote Debuts New Platform to Power Global-First Business Growth
    Remote, the leader in building, managing, and supporting globally distributed workforces, today announced its vision to help companies and individuals fully realize the benefits of the global economy. Remote’s Global HR Platform encompasses a suite of integrated products to meet the growing demand for a unified and globally compliant HR system that supports the full end-to-end employment lifecycle. Source: 9 months ago
  • Problem with Thailand EoRs for Devs? How did you resolve it ?
    Is this the rule or are there EORs that work with flat fees in Thailand? An example of that would be something like remote.com where you pay around 600 USD per month for their services. Source: 11 months ago
  • How hard it is to get an IT job in a foreign country?
    It's essentially more like running a business and less like being an employee. Unless you're hired as an employee through something like remote.com, then you do have a safety net and they have to comply with various stuff. Source: 12 months ago
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What are some alternatives?

When comparing TrueLayer and Remote.com, you can also consider the following products

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Deel - Payroll and compliance for international teams

Plaid - Infrastructure that powers financial technology by enabling applications to connect with users' bank accounts.

Remote OK - The biggest remote job board on the web

Teller API - A single API to connect your app with any bank's account

WeWorkRemotely - Find the most qualified people in the most unexpected places: Hire remote! We Work Remotely is the best place to find and list remote jobs that aren't restricted by commutes or a particular geographic area. Browse thousands of remote work jobs today.