# Trustly: Financial services, Stockholm, Sweden

> Trustly: Trustly is a Swedish fintech company founded in 2008 and based in Stockholm. Based in Stockholm, Sweden. Founded 2008.

Source: https://millionrounds.com/startup/trustly-2 (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Financial services startup](https://millionrounds.com/companies)

# Trustly

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

Funding reported Last round: Venture (Round not Specified)

Financial services Stockholm, Sweden

Company summary

- **Founded:** 2008 18 years old
- **Team:** 900 201 to 1,000 people
- **Funding reported:** 858.2M as listed, currency not stated
- **Last round:** Venture (Round not Specified) Aug 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Trustly has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **858.2M** in the source's currency

Last round **Venture (Round not Specified)**

Last round size **62.3M**

Last round date **Aug 2023**

## The company, in detail

What they build

Known for

open banking compliance mobile payments payments platform account-to-account payments payment guarantee options user experience payment compliance digital payments open banking consumers payment security financial institutions reserve real-time data real-time transaction processing risk scoring models

Built with from their website

GitHub Actions Articulate 360 VMware Socialcast Docker Wistia Amazon SES Google Tag Manager Salesforce Service Cloud Amazon CloudFront JUnit

+8 more

OneTrust Tech Risk & Compliance Tableau Typed.js dbt Salesforce CRM Analytics HREF Lang AWS Trusted Advisor Atlassian

- **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

- [**Froda** Stockholm · founded 2015 *Raised*](https://millionrounds.com/company/froda)
- [**Anyfin** Stockholm · founded 2017 *Raised*](https://millionrounds.com/company/anyfin)
- [**Open Payments** Stockholm · founded 2017 *Raised*](https://millionrounds.com/company/open-payments)
- [**Zaver** Stockholm · founded 2016 *Raised*](https://millionrounds.com/company/zaver)
- [**Tradergruppen** Stockholm · founded 2021](https://millionrounds.com/startup/tradergruppen)
- [**Lysa** Stockholm · founded 2015](https://millionrounds.com/startup/lysa)
- [**Zettle by PayPal** Stockholm · founded 2010](https://millionrounds.com/startup/zettle-by-paypal)
- [**Juni** Gothenburg · founded 2020](https://millionrounds.com/startup/juni)

## Is this your company?

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