British Fintech Start-Up TrueLayer Raises $70 Million to Take on Visa and Mastercard

LONDON — British financial technology start-up TrueLayer says it's raised $70 million in fresh funding, highlighting continued appetite from investors for fast-growing fintech firms. TrueLayer lets fintech apps like Revolut and Freetrade connect with customers' bank accounts using technology known as APIs, or application programming interfaces. This means users of...