Trustly Group

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Brand information:

Website	Trustly
Country	United States
Industry	Banking and Finance

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The Trustly logo features green color:

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Trustly Group is a Swedish fintech company founded in 2008. Trustly is an open banking payment method that allows customers to shop and pay from their online bank account, without the use of a card or app. Its account-to-account network supports 6,300 banks, reaching 525 million consumers and bypassing the card networks. Trustly provides its service to PayPal and TransferWise, among other companies. Trustly is used by more than 8,000 merchants including PayPal, Alibaba, Facebook, eBay, AT&T, Unicef, Dell, Lyft, GoFundMe, TransferWise, DraftKings, and eToro. In 2020, Trustly launched in Australia and Canada, adding to its existing coverage in Europe and the US. Trustly generated revenue in 2019, totaling $150 million, up 58% from 2018. In 2020, Trustly had sales of approximately SEK 1.9 billion. In 2020, Trustly established itself in Australia and Canada and is currently present in a total of 30 markets.

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