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TrueLayer Reviews and details

Screenshots and images

  • TrueLayer Landing page
    Landing page //
    2023-09-28

Features & Specs

  1. Comprehensive API Solutions

    TrueLayer offers a well-developed suite of APIs that support various financial services such as payments, data access, and open banking, making it easier for developers to integrate financial services into applications.

  2. Strong Focus on Security

    TrueLayer places a strong emphasis on security and compliance, ensuring that data transmitted through its services is protected by modern encryption standards and that all operations comply with relevant regulations like PSD2.

  3. Wide European Coverage

    The platform provides extensive coverage across the European region, allowing businesses to connect with multiple banks and financial institutions for seamless cross-border services.

  4. Developer-Friendly

    TrueLayer is designed with developers in mind, offering extensive documentation, SDKs, and tools for easy integration and implementation of their services.

  5. Scalability and Performance

    TrueLayer is capable of handling high-volume transaction environments, providing reliable performance and scalability to meet growing business needs.

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Videos

Building Open Banking API Layers with TrueLayer

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

Social recommendations and mentions

We have tracked the following product recommendations or mentions on various public social media platforms and blogs. They can help you see what people think about TrueLayer and what they use it for.
  • How to create an AWS account without a debit/credit card (in Germany)
    The form shows additional information about how AWS links your bank account. It uses a service called TrueLayer. - Source: dev.to / 7 months ago
  • 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 2 years 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 2 years 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 3 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 4 years ago

External sources with reviews and comparisons of TrueLayer

Noda Vs Plaid Vs Turelayer Vs Yapily - Open Banking [2025]
In this guide, we’ll highlight some carefully selected Noda alternatives, including platforms that offer specific strengths in real-time payments, developer-friendly APIs, or data-driven financial tools. We’ll examine providers such as Finexer, TrueLayer, Tink, and Token.io, clarifying how each platform addresses specific payment and operational needs differently from Noda.
TrueLayer Alternatives for UK Open Banking in 2025
In this guide, we compare three well-positioned alternatives to TrueLayer: Volt, Finexer, and Token.io. Whether you’re a startup, a platform, or a regulated payments business, this guide will help you choose a partner that aligns with your goals.
Top 6 Open Banking API Providers to Consider in 2025 [Updated]
Yapily and Truelayer offer robust, easy-to-integrate solutions for businesses looking for scalability. Plaid excels in North America, providing extensive financial data aggregation, while Stripe Connect offers a global reach, though it’s more focused on multi-party transactions. Saltedge remains a solid option for businesses requiring strong compliance and secure data aggregation. Still, Finexer delivers a...
Detailed guide to Top 3 Plaid alternatives
• Developer-Friendly API: TrueLayer is known for its easy-to-integrate API, which allows developers to build and customise financial applications efficiently with minimal friction. However, TrueLayer does not offer fully customisable white-label solutions, which can be a drawback for businesses looking to maintain complete control over their brand experience​
Best Income Verification Software in the UK: Top 10
Truelayer is a leading income verification software in the UK that specialises in real-time financial data retrieval through open banking APIs. It allows lenders and fintech companies to access verified income data directly from customer bank accounts, ensuring high accuracy and fraud prevention.
Expert guide: Top 3 Open banking providers for UK’s Accounting & ERP Firms
What distinguishes Finexer is its unique combination of automated data processing and scalable infrastructure – handling from 100 to 100,000 transactions with 98% uptime. While TrueLayer focuses on European coverage and Bud offers specialised categorisation for big firms, Finexer provides a comprehensive solution to growing financial firms that turns financial data into operational efficiency, making them the...
Top 12 UK Open banking API Providers you must know in 2025
TrueLayer is a global open banking platform that enables businesses to securely access financial data and facilitate instant payments. By leveraging open banking APIs, TrueLayer allows companies to build innovative financial services and enhance customer experiences.
Yapily vs Truelayer vs Finexer: Which Open Banking Provider is Right for Your Business?
TrueLayer experienced notable revenue growth in 2022, tripling its earnings to £12 million. However, this impressive increase came with a significant downside, as the company reported a substantial loss of £55 million. This financial shortfall highlights ongoing challenges in balancing its ambitious growth with rising operational expenses. TrueLayer’s continued investments in market expansion have been costly,...

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This is an informative page about TrueLayer. You can review and discuss the product here. The primary details have not been verified within the last quarter, and they might be outdated. If you think we are missing something, please use the means on this page to comment or suggest changes. All reviews and comments are highly encouranged and appreciated as they help everyone in the community to make an informed choice. Please always be kind and objective when evaluating a product and sharing your opinion.