The $35 million funding round, which closed on Tuesday, is set to help fuel the company's expansion further into Europe and Asia.
UK fintech TrueLayer is receiving funding from Chinese financial giant Tencent and Singaporean sovereign wealth fund Temasek. The $35 million funding round which closed Tuesday is set to help fuel the company's expansion further into Europe and Asia. It's part of a burgeoning area of profitability for Tencent which has boosted its fintech portfolio to great effect in recent years.
UK fintech TrueLayer is receiving funding from Chinese financial giant Tencent and Singaporean sovereign wealth fund Temasek. The $35 million funding round which closed Tuesday is set to help fuel the company's expansion further into Europe and Asia. It's part of a burgeoning area of profitability for Tencent which has boosted its fintech portfolio to great effect in recent years.
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