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Who are TrueLayer?
Who are TrueLayer?
Brett Shanley avatar
Written by Brett Shanley
Updated over a week ago

TrueLayer is the company Knoma are using to confirm user's income and expenses to meet responsible lending guidelines. TrueLayer is built on the Open Banking API, which was made into law in September 2018. On initial application 180 days of banking data is to our systems. TrueLayer is regulated by the UK Financial Conduct Authority (FCA) under the Payment Services Regulations 2017 as an Authorised Payment Institution to provide account information services and payment initiation services (Firm Reference Number: 793171).

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