Welcome TrueLayer to the regulated fintech family of e-money, payment institutions and account information service providers and your entry onto the Fintech Ireland Regulated Fintech Map (payments & emoney).
TrueLayer (Ireland) Limited, which has raised $142M in total funding to date, obtained a payments authorisation for services #3c, #7 & #8* from the Central Bank of Ireland on 28 July 2021 to support its European expansion. The Irish operations will be led by Joe Morley and Leigh-Ann Cotter. The company which was founded in 2016 in London and is an open banking network used to securely access financial data to enable and process instant payments.
By our tally that makes:
This data as of 30 September 2021 as per records showing on the CBI website on that date.
If you are looking to get authorised or registered with the Central Bank of Ireland, take a look at the slides and video from our recent co-hosted event with CompliReg at https://complireg.com/authorisations.html
Fintech Ireland will also be including TrueLayer on the update to its Fintech Ireland Map(s) which showcases circa 350 fintechs in Ireland. If any fintech wish to join the map, complete the Survey and we will be in touch.
Read more about TrueLayer in the Silicon Republic (Jennifer Darmody) and Irish Times (Charlie Taylor).
*Payments services #3= Execution of credit transfers, including standing orders. #7 = Payment initiation services. 8 = Account information services
Our previous edition of this map (version 5.2 8 April 2021) is located at here.
TrueLayer (Ireland) Limited, which has raised $142M in total funding to date, obtained a payments authorisation for services #3c, #7 & #8* from the Central Bank of Ireland on 28 July 2021 to support its European expansion. The Irish operations will be led by Joe Morley and Leigh-Ann Cotter. The company which was founded in 2016 in London and is an open banking network used to securely access financial data to enable and process instant payments.
By our tally that makes:
- 21 x Authorised Payments Institutions (the Central Bank records 22, but one of those firms is marked as 'withdrawn' as at 20 Feb 2020);
- 3 x Account Information Services Providers (i.e. standalone AISP registration. NB 3 x Payments and 2 x emoney firms have this as part of their licence), and
- 17 x Electronic Money Institutions.
This data as of 30 September 2021 as per records showing on the CBI website on that date.
If you are looking to get authorised or registered with the Central Bank of Ireland, take a look at the slides and video from our recent co-hosted event with CompliReg at https://complireg.com/authorisations.html
Fintech Ireland will also be including TrueLayer on the update to its Fintech Ireland Map(s) which showcases circa 350 fintechs in Ireland. If any fintech wish to join the map, complete the Survey and we will be in touch.
Read more about TrueLayer in the Silicon Republic (Jennifer Darmody) and Irish Times (Charlie Taylor).
*Payments services #3= Execution of credit transfers, including standing orders. #7 = Payment initiation services. 8 = Account information services
Our previous edition of this map (version 5.2 8 April 2021) is located at here.