Francesco Simonesci

2 episodes · 2 moments · last on 13 Mar 2026

13 Mar 2026AMI Labs $1B Seed, NScale $2B C, Anthropic Sue, Lovable & Sequoia Join

1:09:5821 min

Francesco Simonesci (TrueLayer): Pay by Bank & Agentic Commerce

TrueLayer's CEO explains how the company started in 2016 as an open banking aggregation layer and pivoted around 2019-2020 when payment volumes spiked; today its rails sit in Amazon and eBay checkouts with ~25M users growing about a million per month. On agentic commerce, he expects gradual adoption — search to shopping discovery to agent workflows — warns merchants won't easily cede the checkout, and says crypto's programmability suits agent-to-agent payments. He frames payments as critical national infrastructure and says TrueLayer is working with the UK Treasury on payment sovereignty.

11 Mar 2026AMI Labs $1B Seed, NScale $2B C, Anthropic Sue, Lovable & Sequoia Join

1:14:4121 min

TrueLayer CEO Francesco Simonesci: Rewiring Payments

TrueLayer co-founder and CEO Francesco Simonesci explains how the company, founded in 2016 as an open-banking aggregation API, pivoted around 2019-2020 into a payments network now live in Amazon and eBay checkouts with roughly 25M users growing about a million per month. He argues payments are being unbundled and rebundled around new rails, says agentic commerce needs real-time, low-cost, bank-identity-backed rails where crypto has the edge for agent-to-agent flows, and frames payment sovereignty as a strategic priority he's working on with the UK Treasury.