9:41
truelayer.com
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truelayer.com

19 technologies
VerifiedGrowingVisit9.7M/mo$70M42419 Tech25 Leads
Deep Dive

TrueLayer: The Open Banking Trojan Horse

How a UK fintech is quietly replacing Visa and Mastercard with bank-to-bank payments

While the world obsesses over crypto and BNPL, TrueLayer is executing a high-stakes raid on the $150B digital payments oligopoly. They're not building another wallet—they're wiring directly into the banking infrastructure that Visa and Mastercard were built to bypass.

$70M
annual revenue
424
employees
9.7M
monthly visits
$271M
total funding

"TrueLayer isn't competing with payment networks—they're making them irrelevant by going direct to the source: your bank account."

The Traffic Paradox

Here's what's fascinating: 9.7M monthly visits with only 9% from organic search. That screams enterprise sales engine, not SEO. Their 44% direct traffic is pure brand moat—developers and CFOs typing 'truelayer.com' because they're already sold. The 65.7% 'undefined' traffic? Likely API calls and embedded widgets, the invisible infrastructure that makes this model work.

Developer-First GTM

TrueLayer's secret weapon is developer obsession. While fintech incumbents schmooze bankers, TrueLayer built a product that engineers actually want to use. Their tech stack—Tailwind, PWA, Cloudflare—screams modern dev tooling, not enterprise bloat. This is how you win infrastructure: make the integrator's job frictionless, and they'll force their CFO to buy.

The Trustpilot score tells a different story though. At 1.8/5 from 33 reviews, either their customer experience is broken or—and this is more likely—early open banking friction is still brutal. Failed payments, bank auth issues, and UX gaps plague the entire open banking space. TrueLayer's bet: that pain is temporary, and network effects will crush it.

  • Open banking payments bypass card networks entirely—0.2% vs 2.9% fees
  • Real-time settlement vs 2-3 day merchant delays
  • Bank-grade security eliminates chargeback fraud
  • Direct bank API integration creates data moat
Doesn't optimize for SMBs (too complex)
Enterprise-grade infrastructure for fintechs
No card network fallback (all-or-nothing)
Instant bank-to-bank rails bypassing Visa/MC
Trustpilot score signals early-stage friction
Developer-first product that sells itself

The Real Question

Can TrueLayer scale fast enough before incumbents copy their playbook and banks build direct? The moat is thin: first-mover developer lock-in and regulatory complexity. But if they nail it, they're not a payment processor—they're the new rails.

What tech stack does Truelayer use?

22 detected
Security1
Programming Languages1
Cloud & Hosting1
Privacy & Consent1
Marketing Automation1
A/B Testing1
Analytics & Marketing1
Web Standards1
UI Libraries2
Frontend Frameworks1
Tracking & Analytics3
G
Google Tag Manager
H
HubSpot
G
Google Tag Manager

How much traffic does Truelayer get?

Traffic & Engagement

26.7M
Monthly Visits
+11.1%
2.6
Pages/Visit
4:53
Avg. Duration
56%
Bounce Rate
Monthly Traffic Trend+0%
26.7M
Oct 2025
Oct
24.0M
Nov 2025
Nov
26.7M
Dec 2025
Dec

Rankings

#1,836
Global Rank
0
Finance
Category

Backlinks & Authority

34.5K
Backlinks
4.0K
Ref. Domains
43
Authority Score
Low
Penalty Risk
Backlinks Trend+5%
32.9K
Jul 2025
Jul
32.8K
Aug 2025
Aug
35.1K
Sep 2025
Sep
34.7K
Oct 2025
Oct
34.5K
Nov 2025
Nov
34.5K
Dec 2025
Dec

Search Traffic

Organic
10.5K
Paid
2.1K

Top Organic Keywords

#1is truelayer safe
590 vol15.1%
#1truelayer limited
390 vol10.0%
#1truelayer open banking
210 vol5.4%
#1truelayer
5,400 vol4.5%
#1pay by bank
720 vol3.0%

Where is Truelayer's audience located?

🇬🇧United Kingdom82.0%
🇩🇪Germany6.1%
🇫🇷France2.8%
🇮🇪Ireland2.4%
🇺🇸United States1.0%

Who competes with Truelayer?

Device Distribution

Desktop1.8%
Mobile98.2%

What keywords does Truelayer rank for?

5 keywords
1truelayer9.2K vol$5.26
2gocardless77.5K vol$3.53
3true layer680 vol$3.49
4truelayer contact number150 vol
5truelayer pricing320 vol

How is Truelayer's SEO?

Open Graph Image

OG Image preview
og:image

https://truelayer.com/static/9e1dae50979e57036d1d969f1afa0d47-9e1dae50979e57036d1d969f1afa0d47.png

Meta Tags

title50 chars

TrueLayer - Europe's leading open banking platform

description157 chars

We power faster and safer online payments with our open banking payments network. Onboard users, accept payments & make payouts in seconds. Learn more today.

languageEN-GB

H1 Tags

h1We’re leading the Pay by Bank revolution

What is Truelayer's revenue?

$70M
Annual Revenue
424
6%
Employees
$165K
Revenue/Employee
$272M
Total Funding
$1.0B
Valuation
#3,262
Growjo Rank
Fintech
London, UK
Headquarters

Who works at Truelayer?

Loading leads...

What do customers think of Truelayer?

TrueLayer

TrueLayer

1.8
33 reviews
✓ Claimed

Categories

Payment Service#undefined

Activity & Engagement

Reply Rate
100%
Avg. Reply Time
1.0 days
Claimed Date
9/1/2021

Contact Information

Address:
40 Finsbury Square
London, GB

Reviews (20)

Filter by rating:
Waqar ZiaVerified
9/6/2024
🇬🇧 United Kingdom4 reviewsOrganicUnverified
Experience date: 8/30/2024
Made a wrong payment transfer of £1020…

Made a wrong payment transfer of £1020 to a company who ceased trading in 2023. Realised that True Layer we servicing financials for that company so I got in touch with them chasing my money in extreme distress. Got through someone somehow and they understood my case, escalated issue to internal departments and 5 days later got a message "your money has been returned to your account". Cannot thank you guys more as it was extremely stressful, thinking that I might never get my money back. Big thanks to Krasimir and Sam as both dealt with my issue, understood the stress I was going through, kept following up with me with regular updates. Cannot be more grateful TRUE LAYER. Your people are your assets.

Company Response9/11/2024

Hello Waqar, We would like to express our sincere gratitude for your fantastic review. We are absolutely thrilled that we were able to swiftly resolve the issue and return your funds. We wish you the very best in all your future endeavours! Warm regards, The TrueLayer Team

👍 1
Ashley
7/24/2024
🇬🇧 United Kingdom3 reviewsOrganicUnverified
Experience date: 7/24/2024
Great after initial wobble

I am a small sole developer creating a proof of concept for a new product aimed at changing how people approach money. The goal is to provide a single value representing their total savings by subtracting monthly recurring costs from their total funds. This value would be displayed in a mobile widget, allowing users to set savings goals and gamify the savings process. Connecting to banks to retrieve balances was my biggest concern, but after an initial issue with obtaining an access token, I was able to use the data APIs to connect bank accounts and have a working proof of concept within a few hours. The API is fast, easy to use, and provides accurate, up-to-date data. It includes various routes such as list accounts, get account balances, and get account transactions, covering many use cases with several integrated providers. My only feedback for improvement is that it would be beneficial to normalise data between card types. For example, normal savings accounts and credit cards require slightly different logic to get the balance. Additionally, a more interactive onboarding process in the console could help alleviate some initial setup frustrations . Overall, I will continue developing this project and using Truelayer to do so.

David Bishop
6/3/2024
🇬🇧 United Kingdom12 reviewsOrganicUnverified
Experience date: 6/3/2024
Really easy way to make instant…

Really easy way to make instant payments. Quick and easy to connect my bank especially when I didn’t have my card handy.

Al
5/29/2024
🇬🇧 United Kingdom9 reviewsOrganicUnverified
Experience date: 5/27/2024
This is a great link to push money from…

This is a great link to push money from my bank account to pay for things on apps like Freetrade. It’s fast and easy to use.

Stuart WalkerVerified
9/19/2025
🇬🇧 United Kingdom17 reviewsOrganicUnverified
Experience date: 9/19/2025
Crash waiting screen

I have to use truelayer often because my bank account only gives that option for moving money between my accounts. Their software works but always glitches on iPhone. Loops on both banks and just gives waiting screens on both sides. When I see this I know the transaction has actually happened and have to hard crash out of both bank applications to reboot and see the successful transactions. Pathetic software that can’t even tell you it’s complete! Get it sorted and stop telling customers to contact their bank!

Company Response9/23/2025

Hello Stuart, This is Eva from the Client Operations team, hope this finds you well! Thank you kindly for flagging this, I’m sorry to hear about the loops and waiting screens you’ve experienced on your iPhone. The flow you’re using hands you to your bank’s app to authorise, then back to our checkout to show the result. On some iOS setups the return step can stall, even when the payment has completed. A few quick fixes usually resolve it: 1. Set Safari as the default browser, or (if you're already using that browser) try again in Chrome. 2. In Settings → Safari, turn off “Prevent Cross-Site Tracking” and “Block All Cookies”, and disable any Content Blockers. 3. Avoid Private/Incognito mode and clear cookies and cache, then retry. 4. Fully close and reopen the bank app before authorising again. These steps address the iOS behaviours that cause the “stuck loading” you’re seeing and help the result screen display correctly. You can also rely on your transaction list for confirmation if the screen doesn’t refresh right away. For more iOS tips, we keep an updated guide here: https://support.truelayer.com/hc/en-us/articles/360002574378-I-use-Safari-on-iOS-and-I-m-having-issues-connecting-to-a-new-bank We’re continuously improving the result screens shown after bank authorisation, including how long we wait before showing the final status, so you should see fewer of these stalls over time. If you’re still running into this, please share the time of your latest attempt, the bank name and some visuals with the platform you're using TrueLayer on: our clients have the debug information we can use to look into this for you (all the data is encrypted on our side). Wishing you a great evening ahead and hope this reply helps a bit! Kindest regards, Eva

Frequently Asked Questions about Truelayer

What is Truelayer's Revenue?
Truelayer generates approximately $70M in annual revenue. With 424 employees, that's $165,100 per employee. The company has raised $272M in total funding.
What does Truelayer do?
We power faster and safer online payments with our open banking payments network. Onboard users, accept payments & make payouts in seconds. Learn more today.
How fast is Truelayer growing?
Truelayer has grown by 11.1% in the last 6 months according to traffic data. employee count has changed by 6% year over year.
How do people interact with Truelayer?
When visiting Truelayer, visitors view an average of 2.6 pages per visit, and spend around 4:53 on the site, and the bounce rate is 56.4%.
How do people find Truelayer?
26.7M people (100%) visit Truelayer directly. 10.5K (0%) find them through organic search. 2.1K (0%) come through paid advertising.
Who uses Truelayer?
Truelayer's top market is United Kingdom with 21.9M visitors (82.0%). Germany is 2nd with 1.6M (6.1%). France is 3rd with 752.9K (2.8%).
What technologies does Truelayer use?
Truelayer uses 19 technologies across their website including Fonts, Security, Programming Languages. Key technologies include Font Awesome, Adobe Fonts, HSTS, PHP.
Who are Truelayer's competitors?
Truelayer's main competitors include Plaid, Tink, Yapily, Stripe, Infosys. These companies operate in similar markets and compete for the same customer base.
What do customers think of Truelayer?
Truelayer has a Trustpilot score of 1.8 out of 5 (2 stars) based on 33 customer reviews.

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About truelayer.com

We power faster and safer online payments with our open banking payments network. Onboard users, accept payments & make payouts in seconds. Learn more today.

Company Overview

truelayer.com
Website
finance
Industry
#5,628
Global Rank
9.7M
Monthly Visitors
19
Technologies
25+
Employees

Contact truelayer.com

Technology Stack

truelayer.com uses 19 technologies across their website including Font Awesome, Adobe Fonts, HSTS, PHP, and more.

Fonts

Font Awesome, Adobe Fonts

Security

HSTS

Programming Languages

PHP

CMS

Storyblok, Contentful

Cloud & Hosting

Cloudflare

Privacy & Consent

OneTrust

Traffic & Audience

9.7M
Monthly Visits
36%
Bounce Rate
3.7
Pages/Visit
2:43
Avg. Duration

truelayer.com receives approximately 9.7M monthly visitors and ranks #5,628 globally. The website has a bounce rate of 36% with visitors viewing an average of 3.7 pages per visit. Users spend an average of 2:43 on the site.

The majority of truelayer.com's traffic comes from undefined, undefined, .

Frequently Asked Questions

What is truelayer.com?
We power faster and safer online payments with our open banking payments network. Onboard users, accept payments & make payouts in seconds. Learn more today.
What technologies does truelayer.com use?
truelayer.com uses 19 technologies including Font Awesome, Adobe Fonts, HSTS, and 13 more. View the full tech stack analysis above.
How do I contact truelayer.com?
You can contact truelayer.com through their contact page.
What are truelayer.com's social media accounts?
truelayer.com is active on twitter, youtube, facebook, linkedin. You can find links to all their social media profiles in the social section above.
Is truelayer.com hiring?
Check truelayer.com's careers page for current job openings and opportunities. The company has 25+ known employees.
How popular is truelayer.com?
truelayer.com receives approximately 9.7M monthly visitors and ranks #5,628 globally. Traffic is growing by 12.3% month-over-month.

Related Searches

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This page provides publicly available information about truelayer.com. Data is collected from various public sources and may not always be up to date. For the most accurate information, please visit truelayer.com directly at https://truelayer.com.