Trustly logo — Fast, simple and secure online banking payments

Trustly

Fast, simple and secure online banking payments

Founded 2008 Sweden Sweden 886 employees Venture round Total: $23.00M E-Commerce, Finance +5

General Information

Company Name Trustly
Founded Year 2008
Location Sweden Sweden
Employees 886
Industries E-Commerce, Finance, Fintech +4
Funding Stage Venture round
Business Model B2B, API, Embedded Finance
Revenue Model Transaction Fee, Usage Based, Service Fee
Social

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About Trustly

Trustly, founded in 2008 and headquartered in Sweden, has established itself as a global leader in Open Banking Payment solutions. With the slogan "Fast, simple and secure online banking payments," Trustly's innovative platform offers seamless, real-time transaction processing, prioritizing both speed and security.

The company's robust growth and market presence are underscored by strategic collaborations with prominent brands such as PayPal, eBay, and Hargreaves Lansdown in Europe, as well as FanDuel, T-Mobile, and Coinbase in North America. Trustly connects over 9,000 merchants to roughly 650+ million consumers across 30+ markets through 12,000 banks.

Operating under the supervision of both the Swedish Financial Supervisory Authority and the Financial Conduct Authority in the UK, Trustly maintains compliance with the PSD2. Its most recent funding came from a Venture Round investment on 10 June 2020, secured through notable investors such as Aberdeen Standard Investments, Neuberger Berman, Investment Corporation of Dubai (ICD), and BlackRock Private Equity Partners.

Business keywords: Open Banking Payment Solutions, Online Payments, Real-Time Transactions, Payment Platform, Consumer-Merchant Bridge, Seamless Payment Solutions, Payment Institution, PSD2 Compliance, Collaboration with Major Brands, Conversion Optimization, User Experience Enhancement, State-Regulated Payments, Financial Supervisory Authority Compliance

Services & Products

Direct Bank Payments
Instant Withdrawals
Automated Billing
Bank Transfers
Payment Data Enrichment

Target Customers

E-Commerce Businesses Travel Companies Utility Providers Gaming Industry Subscription Services Public Sector

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 4
Aberdeen Standard Investments, Neuberger Berman +2
10 Jun 2020
Venture Round Undisclosed 1
Nordic Capital
01 Jan 2018
Venture Round €23.00M 2
Bridgepoint, BDC Venture Capital
04 Nov 2014
Venture Round Undisclosed 1
Alfvén & Didrikson
24 Sep 2011

Trustly Alternatives & Competitors

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Trustly vs
Token.io
Token.io United Kingdom

The leading Pay by Bank infrastructure for banks, payment companies and platforms in the UK and Euro...

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Trustly vs

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

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Trustly vs
TrueLayer
TrueLayer United Kingdom

We power smarter, faster and safer payments for industry leading businesses across the UK and Europe...

Venture round
280 employees
Developer Tools, Financial Services

FAQ About Trustly

Fast, simple and secure online banking payments
Trustly was founded in 2008.
Trustly is headquartered in Sweden.
Trustly operates in E-Commerce, Finance, Fintech, Internet, Payments, Privacy and Security and Social Media. Its work centres on Open Banking Payment Solutions, Online Payments, Real-Time Transactions and Payment Platform. Its customers include E-Commerce Businesses, Travel Companies and Utility Providers.
Trustly has a B2B, API and Embedded Finance business model. Its revenue comes from Transaction Fee, Usage Based and Service Fee.
Trustly has approximately 886 employees.
Trustly has completed 4 funding rounds, raising a total of $23.00M. The latest funding stage is Venture round.
Trustly offers: Direct Bank Payments, Instant Withdrawals, Automated Billing, Bank Transfers, Payment Data Enrichment.
Top alternatives and competitors to Trustly include Token.io, Brite Payments, TrueLayer, GoCardless, Surfboard Payments. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Trustly and Token.io 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.

Source: BounceWatch company record for Trustly, https://bouncewatch.com/company/trustly-1, updated 2 April 2026. When citing, please name BounceWatch and link this page.

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