Key takeaways
- TrueLayer has selected Atlar to support treasury operations with real-time cash management, payments, and connectivity across its global banking ecosystem.
- Founded in 2016 and based in London, TrueLayer reports over 15 million consumers, 200 million annual transactions, and more than $100 billion in annualised payment volume.
- The implementation includes real-time connectivity to more than 10 financial partners—global banks and payment providers—and a deep ERP integration, including native NetSuite integration to eliminate manual reconciliation.
- Planned uses include monitoring cash across currencies and accounts in real time, automating internal and external payments with auditability, and forecasting cash with greater accuracy.
- Benjamin Woodcock, Head of Product Partnerships at TrueLayer, said the company needed a treasury platform that could grow with it and provide visibility, speed, and flexibility as it scales across Europe.
TrueLayer, one of Europe’s most innovative payments companies, has selected Atlar to support its treasury operations with real-time cash management, payments, and connectivity across its global banking ecosystem.
Enabling instant bank payments across Europe
Founded in 2016 and headquartered in London, TrueLayer has become the leader in Pay by Bank payments. The company enables consumers to make fast, secure, card-free payments directly from their bank accounts — powering frictionless checkout experiences for some of Europe’s largest merchants.
With over 15 million consumers, 200 million annual transactions, and more than $100 billion in annualised payment volume, TrueLayer continues to scale rapidly.
The company recently partnered with Stripe to launch Pay by Bank in France and Germany, expanding access to account-to-account payments in two of Europe’s largest economies. Its innovation has been widely recognised — including a win for Payments Innovation of the Year at the 2024 FStech Awards.
Scaling finance with a modern treasury system
To support its next stage of growth, TrueLayer is adopting Atlar’s modern treasury system to gain greater control and visibility across its finance operations.
With real-time connectivity to 10+ financial partners, including global banks and payment providers, and a deep integration with the team’s ERP, the implementation will allow TrueLayer to:
- Monitor cash positions and movements across currencies and accounts in real time
- Automate internal and external payment flows with full control and auditability
- Forecast cash with greater accuracy to support planning and decision-making
- Eliminate manual reconciliation through Atlar’s native NetSuite integration
As Benjamin Woodcock, Head of Product Partnerships at TrueLayer, explains:
“As we scale across Europe, we needed a treasury platform that could grow with us and provide the visibility, speed, and flexibility we rely on. Atlar gives us that — and more.”
Looking ahead
This partnership reflects a broader shift in how modern finance teams operate — with real-time data, seamless integrations, and automation now essential to scaling effectively.
The Atlar team is excited to support TrueLayer as they expand Pay by Bank across Europe and help shape the future of online payments.
To learn how Atlar can help your team streamline treasury workflows and reduce risk, book a 30-minute demo or get in touch with our team today.
