TrueLayer has raised $27 million to expand its European Pay by Bank network

09 Oct 2026 - 12:55
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TrueLayer’s European Pay by Bank network currently serves 30 million users across 22 countries as a homegrown alternative to card networks. TrueLayer, Europe’s leading Pay by Bank network, announced a $27 million investment led by CDP Venture Capital (Cassa Depositi e Prestiti group), Italy’s leading venture capital operator, alongside a consortium of existing and new […]

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