UK startup fintech TrueLayer just won funding from China's Tencent and Singaporean wealth fund Temasek

UK fintech TrueLayer is receiving funding from Chinese financial giant Tencent and Singaporean sovereign wealth fund Temasek.

The $35 million funding round which closed Tuesday is set to help fuel the company's expansion further into Europe and Asia.

It's part of a burgeoning area of profitability for Tencent which has boosted its fintech portfolio to great effect in recent years.

UK fintech received another boost after open banking startup TrueLayer won support from two major Asian investors.

The $35 million in funding comes from Chinese financial giant Tencent and Singaporean sovereign wealth fund Temasek and means the company has secured $47 million in funding in just three years. The investment is expected to fund the company's expansion into Europe with plans to develop further into France, Germany, and Italy.

Tencent's investment in TrueLayer comes just days after it published its quarterly earnings which revealed that its fintech investments have helped generate a record $2.5 billion profit, up 44%, according to Reuters.

The company has also noted its plans to expand into the Asia Pacific region, making investment from sovereign wealth funds like Singapore's Temasek increasingly important.

TrueLayer was founded in 2016 by Francesco Simoneschi and Luca Martinetti with their platform providing open-banking software allowing people to share or aggregate their financial information from different providers.

The company works with UK neo-bank Monzo and has previously received funding from VCs such as Northzone, Anthemis Group and Connect Ventures. Open banking and PSD2 have been major boons to companies like TrueLayer which leverage APIs (application programming interface) to integrate services with their customers.

It's part of a push by investors into UK fintech after SoftBank's recent funding of supply chain finance provider Greensill Capital and WorldRemit's recent $185 million funding round.

英国金融科技TrueLayer正在接受中国金融巨头腾讯和新加坡主权财富基金淡马锡的资助。周二结束的3500万美元融资将有助于推动公司进一步扩展到欧洲和亚洲。这是腾讯蓬勃发展的盈利领域的一部分，近年来其金融科技产品组合发挥了巨大作用。在开放式银行创业公司TrueLayer赢得两位主要亚洲投资者的支持后，英国金融科技再次受到提振。这笔3500万美元的资金来自中国金融巨头腾讯和新加坡主权财富基金淡马锡，意味着该公司已获得47美元短短三年就有数百万资金。该投资预计将为该公司向欧洲的扩张提供资金，并计划进一步向法国，德国和意大利发展。据路透社报道，腾讯对TrueLayer的投资仅在公布其季度盈利几天后才显示其金融科技投资创造了创纪录的25亿美元利润，增长44％。该公司还注意到其扩展到亚太地区的计划，使新加坡淡马锡等主权财富基金的投资变得越来越重要。 TrueLayer由Francesco Simoneschi和Luca Martinetti于2016年创立，他们的平台提供开放式银行软件，允许人们分享或汇总来自不同提供商的财务信息。 该公司与英国新银行Monzo合作，之前已获得Northzone，Anthemis Group和Connect Ventures等风险投资公司的资助。开放式银行和PSD2一直是TrueLayer公司的主要好处，它利用API（应用程序编程接口）将服务与客户整合。这是投资者在SoftBank最近为供应链融资提供商提供资金后推动英国金融科技的一部分Greensill Capital和WorldRemit最近的1.85亿美元融资轮次。