London based open-banking platform has raised $35m of funding, led by Tencent and Singaporean sovereign wealth fund Temasek.
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TrueLayer raises $35 million
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“We believe that PSD2 will be a once-in-a-lifetime opportunity for startups to displace incumbent banks and financial service providers,” the firm’s co-founder, Francesco Simoneschi, said in a statement at the time. “We want to provide developers with a simple, secure and universal API to access the bank infrastructure and enable the next wave of financial services.”
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