TrueLayer Extends Open Banking Services into Five New EU Markets

TrueLayer has added five new countries to its open banking platform and increased its coverage in places like the Netherlands and Spain to 99%. The platform now covers more than 95% of the banked population in major European markets.

Its clients can make open banking payments and access enriched financial data from customer bank accounts across 16 European countries. 

New coverage includes:

• Portugal: the 20 largest financial institutions (with a reach of more than nine million bank customers or 99% market coverage)

• Spain: 35 banks, now including Cajamar, Bankinter, Unicaja and Caja Rural (99% market coverage)

• Netherlands: 9 banks, now including Triodos, SNS and ASN (99% market coverage)

• Austria: 29 banks, including Raiffeisenbank, BAWAG and Bank Austria (75% market coverage)

• Belgium: 18 banks, including BNP Paribas Fortis, KBC and Argenta (65% market coverage)

• Denmark: 50 banks, including Nykredit, Jyske Bank and Spar Nord (90% market coverage)

• ​Finland: 5 banks, including Danske, OP Bank, and S-Pankki (85% market coverage)