TrueLayer extends partnership with sync. for launching smart banking in France and Ireland
By Megha Bhattacharya
TrueLayer today announced the extension of its partnership with the digital smart open banking app sync. The collaboration is expected to facilitate the launch of smart banking in France and Ireland. The new development is expected to help sync. further its aim of helping customers across Europe with budget and money management from one dashboard.
Francesco Simoneschi, CEO and co-founder of TrueLayer, commented, “sync. is a highly ambitious company using Open Banking to help consumers do more with their money. By offering insights and tailored recommendations, delivered through a seamless experience, it is empowering users to make more informed decisions. We’ve already seen our collaboration broaden to include Spain and we’re happy to now support sync. on its European growth journey as it moves into France and Ireland.”
sync. uses TrueLayer’s Open Banking service offered via its API. The company aims to manage every aspect of a user’s financial life in one place. Its ultimate goal is to help customers budget, spend and track their money in one place, offering a unique user experience as a money management platform with tailored insights.
The partnership is expected to allow sync.’s users to connect their Irish bank accounts including AIB, Permanent TSB, Ulster Bank and Bank of Ireland, and French banks accounts including Banque Populaire, BNP Paribas, Crédit Agricole, Crédit Mutuel and Société Générale.
Ricky Lee, CEO and co-founder of sync., said, “This is the next step in our mission to connect all our user’s financial accounts across Europe. We’re excited to enable our French and Irish customers to connect their existing bank accounts, allowing them to see all their accounts, all the time. We are looking to expand our list of supported banks even more in the coming months, working with our great partners such as TrueLayer.”
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September 12, 2024