By Aisling Finn on Thursday 14 January 2021
Sync. is deepening its involvement in Europe with the help of fellow fintech TrueLayer.
Through TrueLayer, sync. has already launched in several European countries, including France, Ireland and Spain, with the fintech also laying the groundwork in the Middle East after joining the first-ever Qatar Fintech Accelerator programme in October.
With TrueLayer, sync. users will see personalised insights into spending across all accounts, credit cards and loans, with information being updated regularly to provide more accurate account information.
Jamie Morton, TrueLayer’s UK country manager and most recent hire, teased upcoming company announcements and product launches, as well as European expansion when he caught up with AltFi earlier this week.
“Having already launched in France, Ireland and Spain, the addition of German and Lithuanian banks is a further step towards sync.’s ultimate goal of helping customers across Europe budget, manage and track their money from one dashboard, as one experience,” Morton said.
Back in August 2020, sync. closed a £5.5m pre-seed round allowing it to officially launch, after having delayed its March launch because of the coronavirus pandemic, and set its sights on European and Middle Eastern expansion.