News

September 26, 2024

Stripe-backed TrueLayer losses mount even as revenue triples

Despite mounting losses, the unicorn calls 2023 “a year of remarkable growth”

Tom Matsuda

3 min read

Pre-tax losses at TrueLayer, the UK-based payments company backed by Stripe — have increased by close to 40% (37.97%) despite the company trebling revenue year-on-year. 

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Tom Matsuda

Tom Matsuda is a fintech reporter at Sifted and writes our weekly fintech newsletter. Find him on X and LinkedIn

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