Case Study: ANNA Money achieves faster, lower-cost payments and improved cash flow with TrueLayer

Anna Redefining SMB finance with open banking

ANNA Money, a UK financial app for small businesses, was struggling to give customers a consolidated view of expenses and to provide fast, low‑cost payment acceptance because many users held multiple bank accounts and relied on costly third‑party intermediaries. To solve this, ANNA Money partnered with TrueLayer and adopted its Data API (account aggregation) and Payments API (account top‑up) to streamline onboarding and payments.

TrueLayer’s Data API gave ANNA Money customers a single view of their accounts and enabled features like automatic VAT calculations, while the Payments API — using QR codes and direct bank transfers — removed intermediaries, cut fees, and sped up settlement. The TrueLayer integration delivered measurable gains: a 10% uplift in customer transactional activity, average savings of 2.5% per payment, payment processing reduced from ~2 hours to under a minute, and invoices paid 10x faster (from 10 days to 1 day).

ANNA Money

Irakli Agladze

Head of Open Banking