UK FinTech TrueLayer has raised $25mn in its latest fundraise.
In Brief:
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Investors included Temasek, Anthemis, Connect Ventures and Northzone.
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TrueLayer was founded in 2016 and helps FinTechs and banks share data.
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This brings total funding raised to $72mn.
What does this mean?
According to Reuters, TrueLayer CEO Francesco Simoneschi says the company will increase its headcount and look to expand internationally. As well as the UK it already operates in France, Italy and Spain.
