TrueLayer is a three year old startup based in London which is focused on providing open banking software; Tencent Holdings and the Singapore government owned fund Temasek participated in the round along with existing investors Northzone Ventures and Anthemis Group; the company intends to expand further across Europe and plans to connect with most of the continents banks by the end of the year; they currently operate in the UK, Germany, France, Italy and Spain; TrueLayer currently works with some big names in fintech including Monzo and Zopa. Source
