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Expanding our coverage to Spain

You can now use TrueLayer’s open banking platform to access data from the largest banks in Spain.

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27 Jul 2020
The world is currently experiencing profound changes in consumer behaviour. It’s critical that digital finance continues to evolve globally to provide people and businesses with access to the financial services they need most.From verifying financial need to enabling cashless payments, TrueLayer empowers industries to reinvent financial services. We’re expanding fast across Europe, and today we’re happy to announce that we’ve added Spain 🇪🇸 to the list of countries we support.

What this means for businesses 🏬

You can now access data from the largest banks in Spain in our console, including BBVA, Banco Santander and CaixaBank. It’s free to get started.People and businesses increasingly expect to transact seamlessly and digitally across every aspect of their financial lives. With reliable access to banking data though one unified platform, you can build next-generation fintech products that deliver a more engaging, personalised customer experience. You can embed seamless payments into your app or website with reduced transaction fees, no chargebacks, and a lower risk of fraud.The Spanish fintech ecosystem is thriving, and we are excited to help foster continued innovation in the market.For inspiration, visit our website to see what some of our customers are building.

What this means for consumers 👨‍👩‍👧‍👧

You’ll start to see an increase in clever apps and financial products that give you increased visibility and control over your finances. These apps can connect directly to your bank account using TrueLayer, and as a result, give you access to better products and services.For example, an app might analyse your transaction information and then find you a cheaper overdraft or better interest rate. An app might also use the information to give you real-time updates on your spending or help you boost your savings by automatically moving money between accounts. The possibilities are endless, and more importantly, you’ll always have complete control over how your data is used and who has access to it.

Interested in using our platform in Spain? 🇪🇸

With TrueLayer, it’s free to get started and affordable to scale rapidly. Our APIs are simple to integrate, so you can have your first proof-of-concept up and running in hours. Contact our team or visit our documentation to start building.

About the author

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Senior product manager
Veronika joined TrueLayer in 2020, since then she has helped us build & launch connectivity in Spain & Italy and continues to help us break new ground in the EU.

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