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What is TrueLayer?

TrueLayer distinguishes itself as a leading technology company that provides secure and global access to financial systems. Our innovative APIs enable developers to build high-quality products capable of accessing data and processing payments swiftly and securely. Founded in 2016, TrueLayer has formed alliances with major international banks, boasts backing from notable venture capital firms, and is relied upon by top fintech innovators such as Monzo, Revolut, and Zopa. By promoting open banking through our platform, we empower developers across diverse industries—from budding startups to established corporations—to revolutionize financial services. Operating across the UK, Europe, and Australia, TrueLayer streamlines the incorporation of cutting-edge payments and financial information into any application. Develop groundbreaking products that appeal to your clientele, allowing for effortless money transfers at competitive rates while ensuring a remarkable user experience. Our solution not only removes the necessity for cards but also reduces the risk of fraud and eliminates chargebacks, leading to a seamless financial transaction process. Moreover, by facilitating easier access to financial data, we help businesses enhance their offerings and adapt to the ever-evolving financial landscape.

What is Treasury Prime?

Treasury Prime APIs facilitate the connection between Fintech companies and banking institutions, enabling the smooth integration of an extensive range of banking services, encompassing everything from account creation to payment processing and card issuance. For Fintechs, this innovative solution significantly speeds up market entry while offering a pricing model that is both reasonable and effective; utilizing Treasury Prime is five times quicker and more economical than building your own API connections. Explore our wide array of product offerings, which represent the most comprehensive selection of banking services available, accompanied by custom reporting options vital for your business. Experience an outstanding developer interface featuring the industry's best-documented and most user-friendly API. Through a direct link to your banking partner, we guarantee that the banking services supporting your operations are resilient, as we work with various banks to identify the best match for your requirements. This collaboration opens up new growth opportunities for banks, allowing them to forge new banking relationships that enhance deposits, increase transaction revenues, and raise non-interest income—all while avoiding the need for system overhauls. By leveraging our services, banks can cut deposit acquisition costs by 50%, onboard commercial accounts in just two minutes instead of the usual two weeks, leading to an impressive 30% increase in deposits. Furthermore, this cutting-edge approach fosters beneficial growth for both Fintechs and banks, cultivating a mutually beneficial ecosystem for financial services while driving innovation across the sector. In this dynamic landscape, both parties can thrive and adapt to ever-evolving consumer demands.

Media

Media

Integrations Supported

Activepieces
Clay
Codat
Gains App
Nutmeg
One Mortgage System (OMS)
Plum
Primer

Integrations Supported

LendingClub
Orb
Plaid

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub
Online Training

Training Options

Not specified

Company Facts

Organization Name

TrueLayer

Date Founded

2016

Company Location

United Kingdom

Company Website

truelayer.com

Company Facts

Organization Name

Treasury Prime

Company Location

United States

Company Website

treasuryprime.com

Categories and Features

Banking

Not specified

Embedded Finance

Not specified

Financial Data APIs

Not specified

Open Banking

Not specified

Open Finance

Not specified

Categories and Features

Banking

Not specified

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