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.