Francesco Simoneschi


CEO and Co-Founder

Francesco Simoneschi is Co-Founder and CEO of fintech development platform TrueLayer. He has significant experience in tech development, venture capitalism and financial technology. Francesco has founded, managed and grown a number of successful tech companies in the US and UK. Prior to creating TrueLayer, Francesco formed angel fund Mission and Market. Founded in San Francisco in 2014, Mission and Market provides capital for entrepreneurs in a wide range of industries including healthcare, fintech, biotech and education. Under Francesco’s guidance the fund has invested in more than 50 startups. In 2012, Francesco founded analytics platform The startup was later acquired by mobile game developer Playhaven. Following’s acquisition, Francesco joined mobile marketing platform Upsight where he was promoted to Product Owner and Tech Lead. In 2016, Francesco became VP of Strategy of FOVE – the world’s first eye tracking virtual reality headset. Francesco has a degree in Information Management and Economics from the London School of Economics. He has received one patent and has had his research published.

Event Sessions Featuring Francesco Simoneschi




The ecosystem opportunity in Open Banking

AltFi Toronto Summit 2018 - Wednesday 5 December 2018

  • Simoneschi said the mass adoption of Open Banking is being driven by use cases.

  • Steeley said that just because a potential borrower has a “thin file at the bureau” does not mean they are a thin file in transaction terms, meaning credit providers need only to crunch this data to make a lending decision they might otherwise dismiss.


What is the future of 'flanker brands'? Are they a short-term fix?

AltFi Amsterdam Summit 2018 - Monday 5 November 2018

Flanker brands are a side business, run by a bigger companies, often banks. Olivier said ING's flanker company Yolt has gained 500,000 users in a year. 

The purpose of flanker brands is not to encourage cross-selling but to learn and access more data to continue growing. 

Francesco said there is an opportunity for TrueLayer to expand abroad but he is focusing on "riding the Open Banking wave" for now.

Articles By Francesco Simoneschi

Open Banking – predictably unpredictable disruption?

19th August 2019 | Francesco Simoneschi

Articles Featuring Francesco Simoneschi

Here are Tiger Global's 10 top fintech investments

8th February 2022 | John Reynolds

TrueLayer doubles down Down Under

29th September 2021 | Aisling Finn

Open Banking: The firms battling to win in 2021

14th December 2020 | Oliver Smith

Revolut launches Open Banking in Italy

4th August 2020 | Daniel Lanyon

Open Banking – predictably unpredictable disruption?

19th August 2019 | Francesco Simoneschi

TrueLayer and Anna in Open Banking tie-up

24th April 2019 | Oliver Smith

TrueLayer and Zopa join forces for PSD2

9th February 2018 | Emily Nicolle

Fintech start-up TrueLayer closes $1.3m funding round

17th February 2017 | Lisa Walls-Hester