FinTech platform TrueLayer has raised $70mn in its Series D funding round.
In Brief:
The raise was led by new investor Addition.
It also included Anthemis Group, Connect Ventures, Mouro Capital, Northzone and Temasek.
TrueLayer offers a development platform that helps companies use open banking.
What does this mean?
Reportedly, this latest cash injection brings the company’s total investment raised to $142mn. The FinTech says it will continue to scale its open banking network, and will expand various teams including engineering.
