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Trustly

Sweden · founded 2008 · 921 employees · Public Finance Activities · trustly.com

Trustly is a Stockholm-based open banking payments company founded in 2008. Its network connects about 9,000 merchants in 33 markets to roughly 12,000 banks. It sells deposits, payouts, recurring payments and account-verification data, and earns per-transaction fees from merchants. It reported 2023 revenue of SEK 2.68 billion (about $265M). Its website says it processes over $100 billion in annual volume. Nordic Capital is listed as an owner. Customers include PayPal, eBay, Wise and FanDuel.

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