Ivy vs Truelayer

Ivy and TrueLayer are both payments infrastructure providers supporting real-time, compliant payment flows for regulated businesses. TrueLayer focuses on open banking payments and data access. Its platform supports instant and recurring payments, account information services, fraud prevention, and white-labelling, with coverage centred in Europe. TrueLayer is commonly used across ecommerce, travel, and digital platforms that rely on bank-based payment initiation and account connectivity.

In contrast, Ivy is purpose-built for digital asset businesses and the operational complexity that comes with them. Beyond open banking payments, Ivy supports manual bank transfers, multi-currency accounts, end-user virtual IBANs, and both fiat and stablecoin settlement and payouts, all through a single platform. This allows crypto businesses to manage collections, settlements, treasury, and payouts in one place.

Ivy is designed to handle high volumes and demanding uptime requirements, with built-in redundancy, multiple banking integrations, and smart payment routing to support consistently strong conversion across markets. The platform combines payments, settlement, compliance, and treasury workflows under one integration, helping crypto merchants launch faster and scale with confidence.

Use Ivy if you

• Build or operate crypto exchanges, onramps, or digital asset platforms

• Need fiat and stablecoin settlement, virtual IBANs, and stablecoin payouts alongside open banking payments

Use TrueLayer if you

• Need account information services alongside payments

• Operate mainly in Europe with bank-based payment flows