Unicorn TrueLayer lets fintechs connect with customers’ bank accounts using APIs.
As well as entering to five European new markets (Austria, Belgium, Denmark, Finland and Portugal), the financial API provider says it has also added hundreds of new banks to its network after boosting connectivity in existing markets including the Netherlands and Spain.
TrueLayer says that more than half of all open banking traffic in the UK, Ireland and Spain is now being processed across its platform.
Highlighting the new markets, TrueLayer said merchants would now have access to account-to-account payments across Portugal’s 20 biggest financial institutions, 29 banks in Austria, 18 banks in Belgium and 50 in Denmark.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: