About Trustly

At Trustly, we envision a world in which online payments are fast, simple and secure for everyone — merchants, consumers and banks alike.

One hundred years ago, cash was king. People got paid in cash, carried it in their wallets, and bought things with it at the local store. Payment was easy.

Oh, how the times have changed.

Today, our salaries are deposited straight into our bank accounts and we shop online, from merchants all around the world. So why is it so hard to pay straight from our bank accounts?

For consumers, paying online should be as easy as sliding a bill across the counter. And accepting payments and issuing refunds should be the least of merchants’ worries.

Credit cards, debit cards, e-wallets, invoices and cash-on-delivery are all middlemen levying fees, debt and interest for the simple task of moving money from one person to another.

At Trustly, we work hard to make online payments fast, simple and secure.

Our story

In 2008 we decided to do something about online payments. It is your money, your account, and you should be able to pay from simply and easily - just as you can with cash from your pocket. This is our story:

2008

We are founded by three friends in Stockholm and are profitable from Day 1.

2009

Work begins on a second-generation technology platform.

2010

Our Malta office opens.
We process our 1 millionth transaction.

2011

We are awarded ‘Rising Star’ status by Deloitte as Sweden's second-fastest growing technology company.
Alfvén & Didrikson invests in Trustly.
We process our 2 millionth transaction.

2012

Our Barcelona office opens.
We process our 4 millionth transaction.

2013

We process our 7 millionth transaction.

2014

We launch our new Payout Express product.
A strategic cooperation with PayPal begins.
Bridgepoint Development Capital invests €23 million in Trustly for further growth.

2015

We expand into 21 new markets in Europe.
Fintech City London shortlists Trustly as one of the 50 European FinTech companies that will revolutionize the financial services sector.
We now process 1 million transactions on a monthly basis.

2016

New offices in Cologne and London open.
Oscar Berglund is appointed CEO.
We now process 2 million transactions on a monthly basis.
We hire our 100th employee.

2017

Our Helsinki office opens.
We launch our new Direct Debit product.
We surpass €10 billion in total processed volume.
We launch our new Pay N Play product.

2018

We hire our 200th employee.
We earn TÜV certification for data protection in Germany.
Nordic Capital buys a majority stake in Trustly.

A licensed payment institution

Trustly Group AB (corporate identity number 556754-8655) is an authorized Swedish payment institution under the supervision of the Swedish Financial Supervisory Authority (Finansinspektionen). The company conducts payment services in accordance with the Payment Services Act (2010:751) and can provide cross-border payment services within the EU/EEA.