Trustly

Founded in 2008 in Stockholm, Trustly was one of the first to see the potential in instant account-to-account payouts. Trustly leadership came to serve as Open Banking advisors to the EU in 2011, which helped lead to the landmark PSD2 regulation which further empowered the technological capabilities of Open Banking. By 2015 the company expanded to 21 new markets and in 2019 Trustly entered the US through a merger with PayWithMyBank.

A global account-to-account network

Trustly now connects over 8,300 merchants with more than 12,000 banks worldwide. Our unique connectivity means that we have a consumer reach of +650 million in 33 markets, powering $42 billion in total payments volume in 2022.

A licensed Financial institute.

Trustly is headquartered in Stockholm, with offices in Örebro, Sliema, London, Helsinki, Barcelona, Lausanne, Luxembourg, Lisbon, Izmir, Ottawa, San Carlos and Vitória. We are a licensed payment institution under the second payment services directive (PSD2). We operate under the supervision of the Swedish Financial Supervisory Authority in Europe.

In the UK, we are deemed authorised and regulated by the Financial Conduct Authority pursuant to the Temporary Permissions Regime. In the US, we are state regulated as required to serve our target markets. Users provide us with their financial information and use our products and services to perform financial transactions. We commit to protect that information through world class encryption protocols, by ensuring no unnecessary data is ever stored and by hosting our own GDPR-compliant servers.