The open banking software provider will continue its European expansion plans with a $35m round that featured Tencent, taking its total funding to more than $47m.

UK-based financial technology software developer TrueLayer has secured $35m in funding from internet group Tencent and Singaporean state-owned investment firm Temasek, the Business Times reported yesterday. Founded in 2016, TrueLayer provides software that enables developers to build applications that can access and share customer’s bank accounts and financial data as well as initiate payments. By…

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