TrueLayer is a fintech platform utilized to build financial apps that connect to bank data, verify accounts, and access transactions in real-time. It uses its toolkit to develop consumer and server message block (SMB) applications in the areas of payments, online lending, personal financial management (PFM), robot-advisors, insurance, investment services, p2p marketplaces, and cryptocurrencies. It aims to grow the open banking economy by creating a platform for companies to develop new financial services and products. In 2016, Francesco Simoneschi and Luca Martinetti established TrueLayer in London, England.