TrueLayer VS Stripe Capital

Sounds like Open Banking which is government driven & regulated, depending on where you are. There are a couple of startups that act as an abstraction layer to try to make the experience "frictionless", like TrueLayer. Source: over 1 year ago

You won't avoid interfacing with an API. Even if you don't want to use Stripe/PayPal, you'll need to wrestle with a banks own API or some kind of broker. TrueLayer is a popular way in Europe to access banks that support the Open Banking API. It is through a banking API that you will get confirmation that a payment has been made, so there should be no chance of sending items "for free". Unless you're posting... Source: over 1 year ago

I had a subscription with TrueLayer. The API service was smooth and their team updated me from time to time. They even helped me with regulation by giving us an agency under their FCA license. Eventually I transferred to Nordigen due to a friend’s recommendation. It was also free so why not. It was easy to integrate their program to my business model. One particular program I am happily using that involves open... Source: over 2 years ago

• The technology that helped us connect you with your banks is powered by TrueLayer Ltd, which is regulated by the UK Financial Conduct Authority (FCA) and their registration number is 901096. We are also registered with the FCA (928953), as an agent of TrueLayer. You will see their interface when you choose your banks as well as a statement in our app stating this relationship. More info about TrueLayer if you... - Source: Hacker News / almost 3 years ago

Stripe currently lists 10 products on its home page, from the classic Payments and Billing to the newer Atlas and Climate. The vast majority of developers have only a narrow view of Stripe's world. I would explore ways to explore and exploit the capabilities opened up by Stripe's newer products — in particular the recently launched Capital and Treasury services. - Source: dev.to / almost 3 years ago

Recall what online credit card transactions still involve. Think of Stripe's API as an online, centralized version of a physical credit card terminal for accepting and distributing payments. They have achieved international scale with it and are one of the (if not the) fastest growing transaction networks of this size. Stripe also has a Capital arm that already uses banks to underwrite/provide credit lines to... Source: about 3 years ago

Sounds similar to what Stripe and Square offer: - https://stripe.com/capital. - Source: Hacker News / about 3 years ago