BankingPartnership

TrueLayer: Announced a new partnership with Wombat

  • TrueLayer, the leading technology company building financial infrastructure that’s open to everyone
  • Wombat and TrueLayer collaborate to deliver instant investment account funding
  • Using TrueLayer’s Payments API, Wombat now providing its customers with the ability to instantly deposit funds into their investment accounts
  • After just one week of launch, 82% of Wombat’s one-off deposits now routed through TrueLayer
  • UK-based investment platform Wombat aims to empower generations to, save, manage and grow their money by making investing easy
  • Wombat customers traditionally funded their accounts through bank transfers, or cards, which can take days to credit into the investment account
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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