TrueLayer is a leading open banking payments network in the UK and Europe, providing APIs that let businesses securely access bank data and initiate instant payments, making services like topping up e-wallets or getting loans smoother and faster for consumers, while reducing costs and fraud for companies by bypassing traditional card networks. Founded in 2016, they enable things like account verification, instant withdrawals, and Pay by Bank features for big names like Revolut, Freetrade, and Nutmeg, acting as a secure gateway between users, their banks, and the apps they use.