Midnite Launches TrueLayer Pay by Bank for Faster UK Deposits and Withdrawals

August 19, 2026

UK sports-betting platform Midnite has launched TrueLayer’s Pay by Bank, giving customers a new way to deposit funds and withdraw winnings directly through their bank accounts.

The integration uses open banking technology to connect Midnite customers with their banks. As a result, users can complete payments without entering card details. They can also authenticate transactions through their banking app, including biometric verification where supported.

Midnite Adds Pay by Bank to Its UK Platform

The new payment option allows eligible Midnite customers to move money between their bank accounts and their Midnite accounts through TrueLayer’s payment infrastructure.

Instead of entering card information, customers can select Pay by Bank and authenticate the transaction through their banking app. This app-to-app process is designed to make deposits and withdrawals faster and simpler.

For Midnite, the integration covers two important parts of the betting experience: deposits and withdrawals. Consequently, customers can use a bank-based payment method when adding funds or receiving winnings.

Faster Deposits and Withdrawals

Payments play an important role in online betting because customers regularly move money into and out of their accounts.

With TrueLayer Pay by Bank, Midnite customers can:

• Deposit directly from their bank account.
• Withdraw funds without entering card details.
• Authenticate payments through their banking app.
• Use biometric authentication where available.
• Complete transactions through a mobile-focused app-to-app flow.

Moreover, TrueLayer says its network connects more than 27 million users across the UK and Europe. That network gives Midnite access to an established open banking payment infrastructure.

Why Pay by Bank Matters for iGaming

The launch comes as account-to-account payments gain traction across the UK iGaming sector.

Traditional cards remain widely used. However, Pay by Bank gives customers another way to fund accounts and receive money. The method also removes the need to enter card information during checkout.

Furthermore, TrueLayer says Pay by Bank allows customers to authenticate payments directly through their own banking app. Its consumer guidance describes a flow in which users choose their bank, review the payment and authenticate it before the transaction completes.

This approach can create a more familiar payment experience for mobile users.

Midnite Focuses on Mobile Payments

Founded in 2018, Midnite operates a mobile-first platform covering sports betting and iGaming. The company has focused on creating a streamlined experience for its customers.

Now, Pay by Bank extends that approach to payments. Rather than requiring customers to manually enter card details, the new option connects the betting platform with the customer’s banking app.

Christian Huynh, lead product manager at Midnite, said players expect payments to be both instant and secure. He added that TrueLayer provides the infrastructure needed to deliver that experience.

TrueLayer Expands Its Pay by Bank Network

The Midnite launch also strengthens TrueLayer’s position in the iGaming payments market.

TrueLayer has continued to expand its Pay by Bank network across Europe. The company recently reported more than 15 million active users on its consumer network and said it had processed more than $10 billion in payments in April.

In addition, TrueLayer has worked with other major digital businesses to expand bank-based payments. Its platform supports payments and payouts through open banking infrastructure across multiple markets.

What the Midnite and TrueLayer Partnership Means

The partnership highlights the growing role of open banking in digital payments.

For Midnite customers, the integration provides another option for deposits and withdrawals. At the same time, Midnite gains access to payment infrastructure designed for fast account-to-account transactions.

For TrueLayer, the deal expands its presence in a sector where payment speed and reliability are especially important.

As a result, the Midnite and TrueLayer launch could help make Pay by Bank a more familiar payment option among UK betting customers.

A New Step for UK iGaming Payments

The Midnite rollout demonstrates how open banking continues to move into mainstream digital payment use cases.

Customers increasingly expect simple mobile experiences. Therefore, payment providers must reduce unnecessary steps while maintaining strong authentication and security.

TrueLayer’s Pay by Bank connects those requirements through direct bank authentication. Meanwhile, Midnite can offer its customers a payment method that does not depend on entering card details.

Overall, Midnite’s launch of TrueLayer Pay by Bank marks another step toward faster, bank-based payments in the UK iGaming market.

Midnite launches Pay by Bank in the UK via TrueLayer

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