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UK’s TrueLayer Hires Ex-Startup Official As GM In France

TrueLayer, a European open banking platform, has announced that Clement Boulais, a commercial manager and FinTech expert, will be working with the company as general manager in France, Crowdfund Insider reported.

Boulais, who will be working out of the company’s Paris office, will be tasked with defining and managing commercial strategy, the report stated. He’ll work alongside Chief Revenue Officer Max Emilson.

“Open banking can solve many of the customer pain points in eCommerce, B2B, wealth and FinTech,” Boulais said, according to the report. “The growth of instant, bank-to-bank payments and the next phase of their evolution becoming embedded across multiple industries makes this an incredibly exciting time to join a market leader in TrueLayer.”

He also added that the company could “use [its] experience and expertise to deliver meaningful financial products to customers and support innovative services that will benefit French consumers and businesses,” the report stated.

Emilson said the company is looking at more expansion and wants to continue implementing secure bank-to-bank payments, according to the report.

“Clement will be playing a critical role for us in France, building on our work with clients such as Revolut,” Emilson said, per the report. “His experience, particularly within the French FinTech and startup ecosystem, will be vital as we continue to grow in the country.”

TrueLayer’s services allow for more access to FinTech types of banking services.

In April, TrueLayer raised $70 million in a funding round led by new investor Addition. Existing backers Anthemis Group, Connect Ventures, Mouro Capital, Northzone and Temasek, along with several others, also participated.

Read more: London FinTech Startup TrueLayer Notches $70 Million Series D

CEO Francesco Simoneschi said at the time that the vision of the company was “open banking becoming a new digital channel for solving cost and complexities around payments, digital identity, credit data and much more.”

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