Truelayer Limited
Founded in 2016, TrueLayer is Europe’s largest and fastest growing Pay by Bank payments network. We power smarter, safer and faster online payments across the UK and EU by combining real-time bank payments with financial and identity data. Businesses use our products to onboard new users, accept payments and make payouts in seconds, and at scale. Our customers include industry leaders like Revolut, Ryanair and Just Eat Takeaway. Trusted by millions of consumers and hundreds of companies, our mission is to change the way the world pays.
Revenue
£2.6m
▲ +86.2% vs prior ~12m period
Profit after tax
-£28.2m
Margin -1196.0%
Employees
248
▼ -22.7% vs prior ~12m period
Net assets
£19.4m
Total assets £26.5m
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | — | — | -£42.7m | 248 | £19.4m |
| 31 Dec 2023 | — | — | -£52.9m | 321 | £22.5m |
| 31 Dec 2022 | — | — | -£60.5m | 413 | £28.0m |
| 31 Dec 2021 | £2.6m | ▲ +86.2% | -£31.7m | 217 | £37.1m |
| 31 Dec 2020 | £1.4m | — | -£17.1m | 126 | £11.3m |
| 31 Dec 2019 | — | — | — | — | £26.1m |
Latest available figures
Period ending 31 Dec 2021. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £2.6m
- Gross profit
- £1.4m
- Operating profit
- -£31.7m
- Profit before tax
- -£31.7m
- Profit after tax
- -£28.2m
Balance sheet
- Total assets
- £26.5m
- Cash
- £15.0m
- Total liabilities
- £7.1m
- Net assets
- £19.4m
- Revenue per employee
- Not available
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