TrueLayer

Open banking payments network
Last updated:
January 6, 2026
Company details
HQ
London, UK
HEADCOUNT
100-499
ORG TYPE
Startup
SECTOR
Finance
About the company
TrueLayer is a fintech that provides Pay by Bank payments and related open banking capabilities, combining bank payments with financial and identity data. TrueLayer sells to businesses that want to onboard users, take payments, and run payouts using bank rails rather than cards. TrueLayer operates as a regulated payments and e-money business in the UK, and markets the platform as a payments network built for growth. The company has expanded across several European markets as open banking standards have matured.
Locations and presence
TrueLayer is anchored in London and lists additional office locations across Europe including Dublin, Milan, Paris, and Madrid. TrueLayer describes a hybrid approach where offices are used for in-person inductions and team events, alongside flexible working depending on team needs.
Palpable Score
63.8
/ 100
TrueLayer is a decent early-career option mainly because TrueLayer publishes unusually clear interview-stage expectations and backs day-to-day work with benefits like learning budgets, wellbeing days, and equity. Entry-level access is the main limiter because current public hiring signals skew experienced, and the clearest internship evidence is older rather than clearly recurring today. Early-career outcomes are also hard to validate because TrueLayer does not publish conversion, retention, or promotion metrics, and public signals include a recent period of restructuring.
Pillar 1: Early-career access

Score

11.8
/ 20
  • The company has published detailed accounts of TrueLayer internships, including an 8-week intern cohort with defined project placements across engineering and commercial teams, plus at least one intern converting into a permanent role.
  • TrueLayer’s current public openings surfaced on major job aggregators focus on roles like Software Engineer, Customer Success Manager, and other experienced tracks rather than clearly labelled “0–2 years” roles.
  • The company does not publish a current, named graduate programme or annual internship intake page with dates and eligibility, which makes early-career entry points feel irregular from the outside.

Pillar 2: Hiring fairness and transparency

Score

15.5
/ 20
  • The company publishes a step-by-step guide to interviewing at TrueLayer, including a phone screen, a take-home challenge for many roles, a technical interview, and a multi-stage final interview.
  • TrueLayer sets expectations on candidate communication by describing a dedicated Talent Partner as the point of contact and stating that updates follow each stage, with an aim to respond within a few working days after the final round.
  • The company still shows mixed candidate-reported experiences, including frustration when roles are paused after a take-home task, which reduces confidence that the “ideal” process is consistent across teams and timing.

Pillar 3: Learning and support

Score

13.5
/ 20
  • The company funds growth directly with a stated annual learning and development budget and also highlights “learning and development schemes” and “clear levelling and growth” as part of progression support.
  • TrueLayer supports flexible working set-ups with remote working stipends and hybrid practices that include in-person inductions, which can help early-career hires build relationships while keeping day-to-day practicalities manageable.
  • The company does not publish a junior-specific onboarding or mentorship framework by function, so learning support is visible in benefits and culture pages but not easy to validate as a consistent early-career experience.

Pillar 4: Pay fairness and stability

Score

12.5
/ 20
  • The company offers stability-oriented benefits that matter early on, including meaningful equity for employees, private health insurance from day one, wellbeing days, and flexible holiday policies.
  • TrueLayer has some pay transparency signals through third-party compensation reporting and occasional employer-provided ranges visible on job aggregators, but TrueLayer does not consistently publish salary bands on the primary careers surface.
  • The company has had publicly reported headcount reductions in a recent period, which is a stability risk signal that early-career candidates should factor into decision-making.

Pillar 5: Early-career outcomes

Score

10.5
/ 20
  • The company has at least one publicly documented early-career conversion example where a TrueLayer intern was offered and accepted a permanent role after graduating.
  • TrueLayer has public signals of organisational change, including reported layoffs, which can interrupt team continuity and make early-career progression less predictable in the short term.
  • The company does not publish early-career outcomes such as intern-to-offer rate, new-hire retention, or time-to-promotion benchmarks, so outcomes have to be inferred from scattered stories rather than measurable reporting.

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