TrueLayer to acquire Zimpler.

TrueLayer, an European open banking platform, agreed to acquire Zimpler, an authorized Swedish payment institution specializing in instant bank payment solutions. Financial terms are not disclosed. "I am excited to welcome the Zimpler team to TrueLayer. We've long admired their progress, and we're excited to add such an incredible group of builders and payment experts to the TrueLayer team. We're not just expanding our footprint in the Nordics — we're combining talent, technology, and scale to accelerate Pay by Bank adoption across the continent, and further strengthening Pay by Bank as a force of disruption that is changing how the world pays," Francesco Simoneschi, TrueLayer Co-Founder and CEO.