Trustly, Inc. (Previously PayWithMyBank) logo — Open Banking Payments

Trustly, Inc. (Previously PayWithMyBank)

Open Banking Payments

Founded 2012 United States San Carlos, United States 8 employees Series Unknown Total: $23.00M E-Commerce, Finance +4

General Information

Company Name Trustly, Inc. (Previously PayWithMyBank)
Founded Year 2012
Location United States San Carlos, United States +1
Employees 8
Industries E-Commerce, Finance, Fintech +3
Funding Stage Series Unknown
Social

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In The News Sep 17, 2026

Featured on Tech: Swedish fintech Trustly to cut around 200 jobs

About Trustly, Inc. (Previously PayWithMyBank)

Trustly, Inc., previously known as PayWithMyBank, leads the global landscape of Open Banking Payments. Founded in 2012 and headquartered in the United States, the company has established itself as the frontrunner in Online Banking Payments, reaching over 600M consumers across more than 30 countries.

By merging with Europe-based Trustly in 2019, the company expanded its footprint and now caters to high-profile Fortune 500 merchants, offering a seamless payment solution that drives transaction growth and trims costs. Its user-friendly, secure interface ensures consumers remain engaged on the merchant's platform, simplifying payments without compromising safety.

Earlier, Trustly secured investment from notable backers such as Aberdeen Standard Investments, Investment Corp. of Dubai, Neuberger Berman Group, and BlackRock Private Equity Partners during a Venture Round on June 10, 2020. This capital positions Trustly to further capitalize on its advantageous market lead in E-Commerce, Finance, and Payments.

Taxonomy: Online payments, Mobile payments, ACH, Online banking payments, Financial services, Gaming, Fortune 500, Payment processing, Digital payments, Global leader, User experience, Trustly, Silicon Valley, Merged company

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 4
Investor Investor Investor
•••• ••••
10 Jun 2020
Venture Round •••••• 1
Investor
01 Jan 2018
Venture Round •••••• 2
Investor
•••• ••••
04 Nov 2014
Venture Round •••••• 1
Investor
24 Sep 2011

Trustly, Inc. (Previously PayWithMyBank) Alternatives & Competitors

Trustly, Inc. (Previously PayWithMyBank) vs
Trustly
Trustly Sweden

Fast, simple and secure online banking payments

Series Unknown
886 employees
E-Commerce, Finance
Trustly, Inc. (Previously PayWithMyBank) vs

Seamless recurring payment collection starts with us

Series A
82 employees
E-Commerce, Financial Services
Trustly, Inc. (Previously PayWithMyBank) vs

Goodbye slooooow payments. Hello super quick account-to-account payments.

Series A
133 employees
Financial Services, Fintech

FAQ About Trustly, Inc. (Previously PayWithMyBank)

Open Banking Payments
Trustly, Inc. (Previously PayWithMyBank) was founded in 2012.
Trustly, Inc. (Previously PayWithMyBank) is headquartered in San Carlos, United States.
Trustly, Inc. (Previously PayWithMyBank) operates in the following industries: E-Commerce, Finance, Fintech, Internet, Payments, Social Media.
Trustly, Inc. (Previously PayWithMyBank) has approximately 8 employees.
Trustly, Inc. (Previously PayWithMyBank) has completed 4 funding rounds, raising a total of $23.00M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Trustly, Inc. (Previously PayWithMyBank) include Trustly, SlimPay, a Trustly Company, Brite Payments, Nuapay - a GoCardless company, Skrill, a Paysafe Experience. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Trustly, Inc. (Previously PayWithMyBank) and Trustly are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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