
Trustly Group
Founded Year
2008Stage
Private Equity - II | AliveTotal Raised
$30MValuation
$0000Revenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-28 points in the past 30 days
About Trustly Group
Trustly Group is a global company that focuses on providing open banking solutions in the financial services sector. The company offers a range of services including facilitating secure and low-cost payments, instant payouts, and expedited customer onboarding. Additionally, it serves various sectors of the economy including the eCommerce industry, financial services, and gaming. It was founded in 2008 and is based in Stockholm, Sweden.
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Trustly Group's Product Videos

Trustly Group's Products & Differentiators
Open Banking payments
Open Banking payments allow merchants to accept payments directly from their customers' online bank accounts
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Research containing Trustly Group
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Trustly Group in 3 CB Insights research briefs, most recently on Jan 4, 2024.

Jan 4, 2024
The core banking automation market mapExpert Collections containing Trustly Group
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Trustly Group is included in 3 Expert Collections, including SMB Fintech.
SMB Fintech
1,648 items
Payments
3,034 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
13,413 items
Excludes US-based companies
Latest Trustly Group News
Oct 8, 2024
Adam Miller departs Deliveroo to join Open Banking payments specialist Trustly Group Chief Financial Officer Trustly, a specialist in Open Banking payments, has announced the appointment of Adam Miller as its new Group Chief Financial Officer (CFO). Based in Stockholm, he joins from Deliveroo , where he served as CFO for over two years. Prior to that, he spent seven years at Expedia, holding various senior leadership roles. Johan Tjärnberg, Group CEO at Trustly, comments: “Adam’s appointment is an exciting milestone for Trustly. His extensive experience in high-growth tech companies and leading businesses through crucial stages of development will be invaluable as we enter our next phase of growth.” Miller says: “I am thrilled to join the exceptional team at Trustly as we navigate the next stages of growth and expansion. I look forward to applying my experience to support the company’s journey and to contribute to Trustly’s ongoing success as the undisputed leader in Open Banking.” 2024 RTIH INNOVATION AWARDS
Trustly Group Frequently Asked Questions (FAQ)
When was Trustly Group founded?
Trustly Group was founded in 2008.
Where is Trustly Group's headquarters?
Trustly Group's headquarters is located at Rådmansgatan 40, Stockholm.
What is Trustly Group's latest funding round?
Trustly Group's latest funding round is Private Equity - II.
How much did Trustly Group raise?
Trustly Group raised a total of $30M.
Who are the investors of Trustly Group?
Investors of Trustly Group include South Carolina Retirement System Investment Commission, BlackRock, Investment Corporation of Dubai, Neuberger Berman, Aberdeen Standard Investments and 5 more.
Who are Trustly Group's competitors?
Competitors of Trustly Group include Klarna, TrueLayer, Link Money, Stripe, Yaspa and 7 more.
What products does Trustly Group offer?
Trustly Group's products include Open Banking payments and 3 more.
Who are Trustly Group's customers?
Customers of Trustly Group include PayPal, Wise and eBay.
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Compare Trustly Group to Competitors

TrueLayer is an open banking platform that specializes in the financial services industry. The company offers a suite of products that enable instant bank payments, fast and verified payouts, streamlined user onboarding, and variable recurring payments, all designed to facilitate safer and more efficient financial transactions. TrueLayer primarily serves sectors such as e-commerce, gaming, financial services, travel, and cryptocurrency markets. TrueLayer was formerly known as Finport. It was founded in 2016 and is based in London, United Kingdom.

Stripe operates as a technology company that specializes in online payment processing and financial infrastructure for Internet businesses. The company provides a suite of products that enable businesses to accept payments, manage billing and subscriptions, handle in-person transactions, and integrate various financial services into their operations. Its platform is designed to support startups, enterprises, and everything in between with scalable, API-driven solutions. Stripe was formerly known as DevPayments. It was founded in 2010 and is based in South San Francisco, California.
Dapi specializes in open banking solutions and payment infrastructure application programming interfaces (API). The company offers a suite of services including financial data aggregation, bank identity verification, real-time balance checks, and payment operations for businesses. It primarily serves the fintech industry, ecommerce platforms, and financial institutions looking to integrate advanced payment and financial data functionalities. The company was founded in 2019 and is based in San Francisco, California.

Dwolla is a financial technology company. The company provides sophisticated account-to-account payment solutions to innovative organizations. It was founded in 2008 and is based in Des Moines, Iowa.
Neonomics is a company that focuses on open banking and operates within the financial technology sector. The company offers services such as facilitating payments and providing financial data integration, all through a unified PSD2 API. These services primarily cater to the fintech industry, payment service providers, and banks. It is based in Oslo, Norway.

Volt specializes in real-time payment solutions within the financial technology sector. The company offers a comprehensive suite of products designed to facilitate seamless open banking transactions, including an omnichannel checkout platform, payment link generation, transaction tracking, fraud prevention, and real-time reporting. Volt's services are primarily utilized by the ecommerce industry, enhancing the payment processes for businesses and consumers alike. It was founded in 2019 and is based in London, England.
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