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Finscale in English

[EXCERPT] #26 - Francesco Simoneschi (TrueLayer) : True insights: Layering the future of Open Banking

Oct 12, 2023
07:00

This is an excerpt from the episode published on Sunday.

A fantastic episode with one of the founders of Truelayer, the solution that drives almost 40% of the YoY growth in open banking payments in the UK. I loved this interview with Francesco as he shared insights about their experiences and achievements in the open banking sector over the past seven years, including their diverse range of solutions such as signup+, payments, payouts, and VRP, as well as their wide-ranging client base.

This includes tech giants in the iGaming, e-commerce, and cryptocurrency sectors, such as Coinbase, as well as more traditional merchants like the UK retailer Topps Tiles. We explored their competitive positioning and their recent announcement regarding the launch of their Payments platform programme. We also delved into the potential avenues for growth, both in terms of geographical expansion and the diversification of their product offerings. It's a market that continues to expand exponentially

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