Sweden · Financial services startup

Trustly

Trustly is a Swedish fintech company founded in 2008 and based in Stockholm.

Funding reportedLast round: Venture (Round not Specified)

Financial servicesStockholm, Sweden

About Trustly

Trustly is a Swedish fintech company founded in 2008 and based in Stockholm.

It is recognized as a leader in Pay by Bank and Open Banking payment solutions. Trustly offers a digital account-to-account (A2A) platform that allows consumers to make payments directly from their online bank accounts, providing a faster and more secure alternative to traditional card networks. The company’s flagship service, Trustly Pay, enables merchants to assess fraud and risk using open-banking data before processing transactions. Other offerings include instant transfers, refunds, recurring payments, and direct debit solutions. Trustly serves over 8,000 merchants globally, including notable clients like PayPal and eBay, and connects with approximately 650 million consumers who prefer instant bank transfers. With a network of around 12,000 banks, Trustly enhances payment efficiency while reducing costs for merchants and ensuring a seamless experience for consumers.

What company datasets say Trustly raised

Funding, as reported

Reported in all858.2Min the source's currency
Last roundVenture (Round not Specified)
Last round size62.3M
Last round dateAug 2023

The company, in detail

What they build

Known for

open banking compliancemobile paymentspayments platformaccount-to-account paymentspayment guarantee optionsuser experiencepayment compliancedigital paymentsopen bankingconsumerspayment securityfinancial institutionsreservereal-time datareal-time transaction processingrisk scoring models

Built with from their website

GitHub ActionsArticulate 360VMware SocialcastDockerWistiaAmazon SESGoogle Tag ManagerSalesforce Service CloudAmazon CloudFrontJUnit

+8 more

OneTrust Tech Risk & ComplianceTableauTyped.jsdbtSalesforce CRM AnalyticsHREF LangAWS Trusted AdvisorAtlassian

Sector
Financial services
Industry code
NAICS 522320, SIC 6099
Region
Stockholm County
Part of
Nordic Capital
Revenue
239M a year, as listed

Financial services in Sweden

Startups like it

Is this your company?

Add your raise, your deck and your story, and put Trustly in front of investors. Or tell us what we have wrong.