# Francesco Simoneschi

> Francesco Simoneschi is an Italian entrepreneur and investor based in London, and CEO and co-founder of TrueLayer. His career spans DomainsBot, game analytics startup Staq, product and technical roles at Upsight, strategy at FOVE and angel fund Mission and Market. He founded TrueLayer with school friend Luca Martinetti in 2016 and has led its development from banking connectivity into a European Pay by Bank network. His earlier biography records a professional career as a tenor.

- **Role:** CEO and co-founder at TrueLayer
- **Organizations:** TrueLayer, Mission and Market, Staq, Upsight, DomainsBot, FOVE
- **From:** Rome, Italy
- **Nationality:** Italian
- **Education:** Information Management and Economics, London School of Economics and Political Science, Computer engineering studies, Sapienza University of Rome
- **Known for:** Founded Staq, an analytics platform acquired by Playhaven., Co-founded early-stage investment fund Mission and Market., Led TrueLayer through its $130 million financing in September 2021, which valued the company above $1 billion.

## Career timeline

- **2006–2012** — Worked in product development at DomainsBot.
- **2012** — Founded game analytics platform Staq, subsequently acquired by Playhaven.
- **2013–2015** — Held software engineering, technical leadership and product ownership roles at Upsight.
- **2014** — Co-founded Mission and Market with Stefano Bernardi and Simone Brunozzi in San Francisco.
- **2015–2016** — Vice president of strategy at FOVE.
- **2016** — Co-founded TrueLayer with Luca Martinetti and became CEO.
- **2021** — TrueLayer raised $130 million in a round led by Tiger Global Management, with Stripe participating, at a valuation above $1 billion.
- **2026** — Led TrueLayer during the eBay partnership, completed Zimpler acquisition, Bank on File introduction, in3 acquisition and CDP-led investment.

## Achievements

- Founded Staq, an analytics platform acquired by Playhaven.
- Co-founded early-stage investment fund Mission and Market.
- Led TrueLayer through its $130 million financing in September 2021, which valued the company above $1 billion.
- SXSW London’s 2025 biography records more than 60 startup investments.
- TrueLayer reported 39% revenue growth and 52% payment volume growth for 2025.

## Latest updates

- **2026-10** — On 8 October TrueLayer announced a $27 million investment led by CDP Venture Capital alongside other investors; it reported 70 staff in Italy and continued Milan hiring expected through 2027.
- **2026-10** — On 5 October TrueLayer announced its SumUp personal-account top-up partnership, rolled out in the UK, Ireland, Germany, France, Spain and Italy.
- **2026-06** — On 5 June Simoneschi published a video explanation of bank-based credit following TrueLayer’s acquisition of in3.
- **2026-05** — On 29 May TrueLayer announced its acquisition of Dutch bank-payment credit provider in3.
- **2026-05** — On 27 May Simoneschi published his Bank on File keynote, describing reusable payment consent.
- **2026-03** — On 3 March TrueLayer confirmed completion of the Zimpler acquisition after Swedish regulatory approval.
- **2026-02** — On 19 February TrueLayer announced Pay by Bank for eBay’s UK checkout and an investment by eBay Ventures.

## Links

- Website: https://medium.com/@fsimoneschi
- LinkedIn: https://www.linkedin.com/in/francescosimoneschi/
- Twitter/X: https://twitter.com/fsimoneschi
- GitHub: https://github.com/francescosimoneschi

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Profile page: https://yespress.io/francesco-simoneschi
Published by YesPress — https://yespress.io
Last updated: 2026-10-23