Who is Truelayer?
Coconut is registered with the FCA as an Account Information Service provider (reference number 931194). You can see our AISP registration on the FCA register here.
We use Truelayer for Open Banking aggregation, to securely connect your accounts and credit cards to Coconut.
When you connect to your banking providers, Coconut gains read only access to your account through Truelayer. This lets us display your account information and transactions within Coconut. Truelayer does not store your data, and all your details are encrypted and protected by bank-level security.
For a more detailed breakdown on how your data is stored you can also read our Privacy Policy.