Hyperlayer, a banking technology company founded by former Morgan Stanley executives, has closed a Series A2 funding round worth £19.5 million. The round was led by Flintlock Capital and values the company at £195 million post-money. It brings Hyperlayer's total funding to nearly £50 million since October 2025 and will support product expansion and international growth.
Funding Details and Valuation
Flintlock Capital led the investment, with participation from Mouro Capital, Susquehanna Private Equity Investments, and other returning and new investors. This marks the second time in 12 months that existing shareholders have backed the company, following early commercial traction with large banking clients. As part of the transaction, Joe Shamess, co-founder and general partner at Flintlock Capital, will join Hyperlayer's board of directors.
Company and Technology
Hyperlayer was founded in 2023 by Rob Rooney and Paul Rolles, who previously worked together at Morgan Stanley. The company provides a product innovation layer that sits on top of a bank's existing technology stack and can be integrated quickly. This approach allows institutions to roll out new products faster and address constraints tied to legacy core infrastructure without disturbing the systems that keep them stable and compliant.
Leadership Changes
Hyperlayer also announced two senior leadership changes alongside the financing. Louise Chan, currently Chief Operating Officer and a board director, will become Chief Commercial Officer. Ben Helps, currently Chief Strategy Officer, will move into the Chief Operating Officer role, and the company said the appointments recognize responsibilities both executives have already been carrying out as it scales.
Growth Plans
The fresh capital will be used to expand Hyperlayer's product, engineering, and implementation teams. The company also plans to strengthen its presence across the United States, Europe, and Asia-Pacific. This investment supports banks, credit unions, and other financial institutions that need to modernize at fintech speed without ripping out core systems.
Market Context
Hyperlayer is part of a growing group of fintech suppliers that help incumbent banks improve customer-facing products without undertaking multi-year replacement programs for legacy systems. These providers focus on adding new software layers that connect to existing infrastructure, allowing lenders to change products and processes with less disruption. The approach has drawn investor interest as large financial institutions balance digital competition from challengers with the practical limits of overhauling critical banking systems.
Executive Commentary
Rob Rooney, co-founder and chief executive officer of Hyperlayer, said the company is fortunate to be backed by deep experts in fintech. He noted that investors have watched the business move from a standing start to mandates with global Tier 1 banks in three years, which convinced them to support the next phase. Joe Shamess of Flintlock Capital added that the firm is doubling down on a proven thesis with world-class customers and strong market pull.
Hyperlayer's latest funding and leadership changes highlight the growing demand for incremental modernization in banking, where institutions update customer-facing products without replacing core infrastructure. With a £195 million valuation, expanded international ambitions, and support from experienced fintech investors, the company is positioned to scale its product and delivery capabilities. The announcement reflects continued investor appetite for specialist banking software vendors that can sell into major banks without requiring wholesale system migrations.