Windsor Drake
Funding Round · Financial Data / Open Banking · 2024

TrueLayer Series C extension fundraising round

TrueLayer raised $50M Series C extension led by Northzone on October 4, 2024.

Primary
TrueLayer
Counterparty
Northzone
Amount
$50M
Structure
Series C extension
Date
October 4, 2024
Sub-sector
Financial Data / Open Banking

Open banking infrastructure provider raises $50M at $700M valuation, down 30% from $1B+ in 2021, as sector reprices amid profitability focus.

Primary company
TrueLayer
Counterparty
Northzone
Amount
$50M
Event date
October 4, 2024
Sub-sector
Financial Data / Open Banking
HQ
Not disclosed
Structure
Series C extension
Source published
October 4, 2024
Publisher
The Business Times

Source: businesstimes.com.sg

Other funding rounds in Financial Data / Open Banking

Primary Event type Counterparty Value Sub-sector Date
Wanami Funding Round $8M Financial Data / Open Banking June 15, 2026
Daloopa Funding Round $47M Financial Data / Open Banking May 28, 2026
Parker Funding Round $20M Financial Data / Open Banking November 8, 2024
Obligo Funding Round True Global Ventures, 83North, 10D, Entrée Capital, HighSage Ventures, MUFG Innovation Partners, Viola Credit $35M Financial Data / Open Banking October 22, 2024
Obligo Funding Round 83North, True Global Ventures, 10D, Entrée Capital, HighSage Ventures, MUFG Innovation Partners, Viola Credit $35M Financial Data / Open Banking October 21, 2024
Okra Funding Round TLcom $17M Financial Data / Open Banking July 1, 2024