News | 21.10.2026

LCA advises CDP Venture Capital and Rialto on TrueLayer’s investment round

The UK open banking fintech raises $27 million from a consortium of new and existing investors.


Marketing & Communication
marketing@lcalex.it

TrueLayer Group Holdings, a UK fintech operating in open banking, has closed a $27 million investment round. LCA advised CDP Venture Capital and Rialto on the transaction through its Emerging Companies & Venture Capital team.

CDP Venture Capital took part in the round through its Large Ventures fund. AVM, an EuVECA manager and Società Benefit (benefit corporation), also invested on behalf of the Rialto I EuVECA fund. A consortium of new and existing investors joined them.

The LCA team included Equity Partner Andrea Messuti, Managing Associate Daniele Ferrone and trainee Gianmarco Pacini. Equity Partner Leah Dunlop and Mid-Level Associate Valerio Navarra handled the English corporate law aspects. Partner Giancarlo Ranucci and Associate Davide Machiorlatti worked on the European regulatory matters.

Goodwin Procter worked alongside LCA on English regulatory and employment law matters. McCann FitzGerald covered European regulatory matters, Irish law and Irish employment law. TrueLayer was advised by its in-house legal team.

At CDP Venture Capital, General Counsel Alessandro di Gioia led the team on the transaction, together with Debora Perciballi, Head of Legal Affairs – Direct Investments.

Read the news: Legalcommunity, TopLegal, Closeup Media, MonitorLegale

Equity Partner
Andrea Messuti
Managing Associate
Daniele Ferrone
Equity Partner
Leah Dunlop
Mid-Level Associate
Valerio Navarra

Marketing & Communication
marketing@lcalex.it

Commercial and corporate

While LCA can offer and support you in a broad variety of services, we pride ourselves on consultancy for company law, domestic and international corporate contracts, commercial and corporate litigation and all the regulatory aspects typical of the various markets involved.
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M&A – Private Equity

At LCA, we boast long-standing experience in global transactions and investment opportunities. We can assist you in structuring extraordinary transactions in Italy and across borders, and in negotiating and drafting relevant contractual agreements. In this way, we can ensure optimum creation, development and consolidation (including on an international level) of your business initiatives, and support your company to harness growth and investment opportunities offered by global markets.
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