TrueLayer, a UK payments fintech looking to disrupt the dominance of card payments, has captured a $27m investment round, led by an Italian state-backed investor, a first-time investor, as it looks to...
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Founded in London by Francesco Simoneschi and Luca Martinetti, True Layer has developed Pay by Bank, a network of payments based on open banking. Leading the investment is Cdp Venture Capital, which invests on a unicorn born and raised outside Italy to develop a European-controlled payment infrastructure