Northzone and Connect Ventures’ Investment In Truelayer

Marriott Harrison acted for Northzone and Connect Ventures on the investment.

Northzone and Connect Ventures made an investment into financial API group Truelayer as part of a $25m extension of its Series C round. Co-investment from Anthemis and Temasek has brought the total amount raised by Truelayer to $72m.

With a platform that accounts for more than half of all Open Banking traffic in the UK, Truelayer is well placed to continue building financial connectivity around the world.

The corporate team at Marriott Harrison was led by David Strong (Picture) who was assisted by Lindsey Armstrong.

Involved fees earner: Lindsey Armstrong – Marriott Harrison; David Strong – Marriott Harrison;

Law Firms: Marriott Harrison;

Clients: Connect Ventures; Northzone;