London based open banking platform raised $70m in Series D funding led by Addition.
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TrueLayer raises $70m in Series D funding
“We started looking at how to get access to all of the APIs, but banks all have different interfaces and there were no standards, so we went about building a new financial network that software developers could build the next generation of services on top of,” Simoneschi said. “Open banking is about open architecture and creating better, faster, more secure and fair ways of transacting for digital business.”
