TrueLayer

Open banking payments and data across the UK and Europe, built on PSD2 rails.

Overview

TrueLayer is an open banking provider covering both account data and payment initiation across the UK and Europe on PSD2 rails.

Products include account information, instant bank payments, payouts and refunds, account-holder verification, and variable recurring payments in the UK. The user authorises access in their own bank's app or web flow, so the authorisation experience is set by the bank rather than by the integrator.

Common use cases

Take an instant bank payment instead of a card payment
Read account and transaction data under PSD2
Verify the name on a bank account before payout
Set up variable recurring payments in the UK

Key features

PSD2 account information across UK and EU banks
Instant bank payments (payment initiation)
Payouts and refunds over open banking rails
Signup+ for verified account-holder onboarding
Data enrichment and categorisation
Variable recurring payments in the UK

Sources and evidence

FintechToolkit records the source behind core directory claims. This profile’s sources were last captured on 1 August 2026. Validate time-sensitive commercial, regulatory, and availability details directly with the provider.

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