TrueLayer

🌟 Big news! Last week, we announced that lastminute.com has gone live with Pay by bank. You can watch the full story below ✈️ In our latest case study, Nicola Bettari, Fintech and Payments Director at Lastminute.com, explains "You hardly get a second chance with the consumer. Once you’ve got the consumer in, you want to deliver the best experience." Discover how first-mover advantage is reducing abandonment rates, enhancing customer experiences, and cutting transaction costs for lastminute.com. 📖 Read the full case study to see how lastminute.com is setting new standards in the travel industry: https://okt.to/9n6UvC #Paybybank #Openbanking

Are shoppers and ecommerce merchants ready for Pay by bank? 🤔 And what are the biggest challenges they’re encountering at the checkout? We surveyed 300 large merchants and over 1,000 shoppers to find out. From chargeback challenges and ideal refund times — to what makes consumers choose one payment method over another — discover all the insights in our latest report. 👉 Download the report here: https://okt.to/GR1THD #ecommerce #payments #Paybybank

🚨 𝗡𝗲𝘄 𝗿𝗲𝗽𝗼𝗿𝘁 𝗮𝗹𝗲𝗿𝘁 🚨 The payments landscape is shifting faster than ever. Our latest research, Change at the checkout 2025, dives deep into what over 1,000 consumers and 300 ecommerce merchants think about payments. Key insights: 🛒 𝟮𝟯% of shoppers have already tried Pay by bank when shopping online. 🗺️ 𝟵𝟬% of merchants have have plans to add Pay by bank or are considering it. 🤝 𝟲𝟰% of consumers are willing to try new payment methods when offered by trusted brands. Don’t get left behind. Discover what’s driving the future of payments and how you can stay ahead of the curve. 👉 Download the full report now: https://okt.to/UFIbd3 #Paybybank #Ecommerce #Payments

Meet TrueLayer and Stripe at World Travel Market (WTM) London on 5–7 November, the lead event for merchants in 🧳 travel and 🛌 hospitality. We’ll be joining Stripe at their booth for Transforming travel payments with Pay by bank. Caroline Stretton, Head of Product will dive into the biggest payment challenges we’ve seen in travel and walk you through how Pay by bank can help and how it works. 📅 11:30, Wednesday, 6th November | 📍Stripe booth S2-532 @ Excel London Book your spot 👉 https://okt.to/g4bVs8 #WorldTravelMarket #WTM2024 #paybybank

Last week, we hosted another #RustLondon event at our office 🦀 These meetups bring together developers from diverse industries to share how #RustLang has positively impacted their products. The event was a collaboration with the 🐍 #Python community, highlighting the journey of Python developers transitioning to Rust and the performance benefits gained from this migration. At TrueLayer, Rust is a significant part of our tech stack, and we’re proud to actively contribute to open source. Thank you to everyone who joined us for an inspiring evening of learning and collaboration!

💬 “We just need to get going.” The House of Lords Financial Services Regulation Committee has been actively gathering insights from firms on what a new competitiveness objective for the FCA and PRA means in practice. Representing TrueLayer, our COO Robert Kerrigan shared his perspective on how the UK can capitalise on its competitive advantage in open banking to drive meaningful change💡🇬🇧

This month, our very own Joe Morley joined the European Payment Council to fly the flag for the 𝗦𝗣𝗔𝗔 𝘀𝗰𝗵𝗲𝗺𝗲, highlighting how true innovation in payments can only happen when we partner with banks. In the discussion, they explored: 💡 How SPAA fosters healthy competition that drives innovation in open banking in Europe 👤 Why customer experience and the UX/SCA flow needs to be at the heart of our discussions 🚀 The role SPAA plays in driving consumer adoption of alternative payment methods 🎥 Watch the full webinar to learn more: https://okt.to/VPqkOb

I’m really pleased to announce that TrueLayer has secured an additional $50M in funding as we extend our Series E round. Reaching this scale and position required a lot of time, capital, and commitment. We’ve built a unique ecosystem connecting banks, merchants, and consumers. This investment means we will double down on challenging the status quo in payments and keep growing our presence in areas like ecommerce. The growth of Pay by bank helps merchants reduce their payment costs and puts money back in consumers' pockets. Separately to this fundraise, we have taken important steps to chart our path toward profitability – these include streamlining operational costs and a reduction in headcount. Any decision that affects our people is always really tough, and I’m grateful to my team for their help and support during this time of change. We have built a payment network that is used by millions of people every day, while at the same time maturing our business model and building trusted partnerships with some of the largest merchants in the world. A huge thanks to our investors, partners, my co-founder Luca Martinetti and the entire TrueLayer team for their continued support. Day by day, we are moving one step closer to changing the way the world pays. Onward and upward!

Team TrueLayer out in full force at this year’s Labour Party Conference, where fintech took centre stage as a key driver of economic growth. Thanks to Lisa Scott & Jack Wilson for making my first conference with TrueLayer such a blast🙌 Some standout moments from me: 🚀Our Chief Strategy Officer, Lisa Scott, joined City Minister Tulip Siddiq for an insightful discussion on the future of payments. It was encouraging to hear the Minister’s commitment to ensuring the UK remains a global leader in open banking. As a UK-born and bred fintech, we’re excited to work alongside the government in driving the next wave of payments innovation. A special thanks to Luke Charters MP, Tanisha Aggarwal and moderator Charlie Mercer for their expert insights on the fintech landscape. A shoutout to the Startup Coalition team for fueling us with spicy conversations and even spicier margaritas! 🌶️ 🤝We heard from senior members across Cabinet on the importance of strong partnerships between businesses and government— a recurring theme throughout the conference. So, where do we go from here? While warm words are encouraging, we need to convert them into concrete action. HM Treasury’s National Payments Vision presents a critical opportunity to strengthen the UK’s competitive edge in payments. We’re ready to work with the government and regulators to make bold and ambitious choices when it comes to securing competitive, innovative and genuinely world-class payments in the UK. Plenty to be getting on with for the Autumn ahead, but first coffee…

🌟 Exciting news! 🌟 We’re celebrating lastminute.com as they lead the charge in adopting Pay by Bank through TrueLayer! 🚀 Here’s what they’ve achieved: 🥇 𝗙𝗶𝗿𝘀𝘁 𝗠𝗼𝘃𝗲𝗿 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲: Lastminute.com is setting the standard for the industry with their early adoption of Pay by bank. 📈 𝟮𝟬% 𝗕𝗼𝗼𝘀𝘁 𝗶𝗻 𝗕𝗼𝗼𝗸𝗶𝗻𝗴 𝗩𝗮𝗹𝘂𝗲: A smoother payment process is driving significant increases in average booking value. 💸 𝗥𝗲𝗱𝘂𝗰𝗲𝗱 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻 𝗖𝗼𝘀𝘁𝘀: Say goodbye to high fees—Pay by bank is improving their margins, especially for high-value bookings. Want to see how they did it? Check out the full video where Nicola Bettari, Fintech and Payments Director, shares all the insights. Watch the full video 👉 https://okt.to/jQengv Kudos to Lastminute.com for leading the way! 🙌 #PayByBank #Openbanking #Lastminute #ecommerce