About Trustly
Trustly is a Financial Services company based in San Carlos (United States) founded in 2008 by Ezio Anselmo Mazarim Fernandes, Lukas Gratte, and Alexandre Gonthier, and was acquired by Nordic Capital in March 2018. It operates as an open banking payment processing is enabled for businesses and consumers. Trustly has raised $28.73 million across 3 funding rounds from investors including BlackRock, Bridgepoint Capital and Neuberger Berman. Trustly has completed 1 acquisition, including PayWithMyBank. Its chief executive is Alexandre Gonthier. Its website trustly.com draws about 4.7 million monthly visits. Its focus areas include FinTech, Banking Tech, Open Banking and Banking Marketplace. Its legal entity is Trustly Group AB. Its competitors include Tink, Prime Trust, AuthBridge, Open Payments and Enfuce and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
Founded in 2008, Trustly operates in the fintech sector from San Carlos, United States. Bank-independent payment services are facilitated through open banking, allowing in and out payments directly from bank accounts. A suite of financial products is offered to merchants, including connectivity to banks and access to consumer financial data. Operations focus on modernizing payments, lowering costs, and managing risks across global markets.
- Headquarters San Carlos, United States
- Founders Ezio Anselmo Mazarim Fernandes, Lukas Gratte, Alexandre Gonthier
- Stage Acquired
- SectorsFinancial Services
- Website category Games
- Email••••••••
- Website us.trustly.com
- Social LinkedIn X
- Acquired by Nordic Capital (Mar 2018)
- Legal Name Trustly Group Ab
- Annual Revenue$1.61 B (USD)146as on Dec 31, 2019
- Net Profit$117.73 M (USD)-44as on Dec 31, 2019
- Total Equity Funding$28.73M (USD)
in 3 rounds
- InvestorsBlackRock
& 6 more
- Investments & Acquisitions
- Acquired byNordic Capital
(Mar 2018)
Funding Insights of Trustly
Trustly has successfully raised a total of $28.73M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $28.73M
- Total Rounds 3
- Investors Count 6
All 3 funding rounds of Trustly with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2020 | – | Series C | – | BlackRock, Standard Life Aberdeen | – |
| Nov 2014 | $28.73M | Series B | – | – | |
| Jun 2011 | – | Series A | – | – |
7 investors in total: 7 institutional.
Investors in Trustly
Trustly has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include BlackRock, Bridgepoint Capital and Neuberger Berman.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Secondary market fund focused on LP and direct secondary transactions | 1993 | nb.com | New York, United States | |
Middle-market businesses up to €1 billion are acquired pan-Europe. | 1984 | bridgepoint.eu | Frankfurt, Germany | |
Early & mid-stage life sciences and tech focused VC firm investing primarily in Sweden | – | alfvendidrikson.com | Stockholm, Sweden | |
- | – | nordiccapital.com | - | |
Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors | 1988 | blackrock.com | New York, United States | |
Diversified investment management services are provided globally. | 2017 | aberdeenstandard.com | Aberdeen City, Scotland | |
Serves as Dubai's sovereign wealth fund, managing investments to support economic growth. | 2006 | icd.gov.ae | Dubai, United Arab Emirates |
Investor details for Trustly
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Trustly
222 people are tracked at Trustly (78 in leadership, 6 in board & advisors, 138 in team).
| Name | Role | Group |
|---|---|---|
Ezio Anselmo Mazarim Fernandes | Co-Founder | Leadership |
Lukas Gratte | Co-Founder | Leadership |
Alexandre Gonthier | Co-Founder & CEO | Leadership |
Kevin Holstensson | Head Of Sales, Ecommerce | Leadership |
Seema Ravani | Group Finance Director | Leadership |
Jonas Lindskog | VP Of Engineering | Leadership |
Johan Tjärnberg | Group CEO | Leadership |
Thiago Bustamante | VP Of Engineering | Leadership |
Adam D'arcy | Chief Product Officer, Americas | Leadership |
Tornike Liparteliani | Director, Risk & Compliance (uk) | MLRO | Executive Board Member | Leadership |
Chris Mulholland | Vice President - Services & Operations | Leadership |
Kalim Khan | Director, Product Partnerships & Acquiring | Leadership |
Calum Smith | Head Of Sales - Financial Services | Leadership |
Bhav Dhanak | Vp, Product Partnerships & Acquiring | Leadership |
Andres Suay | VP Marketing | Leadership |
Jérémy Pons | Chief Commercial Officer, Southern Europe | Leadership |
Martin Stidelius | Engineering Director | Leadership |
Farhad Farzaneh | Senior Vice President, Product | Leadership |
Vi N. | Senior People Partner | Leadership |
Teo Rantanen | Head Of Product Quality & Performance | Leadership |
202 more people are available in the full profile.
Complete people profiles for Trustly
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Board tenure
- Professional contacts
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Investments & Acquisitions by Trustly
Trustly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PayWithMyBank.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Direct debit payments are enabled via a hosted bank portal. | paywithmybank.com | Redwood, United States | 2012 | Feb 2024 | •••• |
Complete acquisition details for Trustly
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Trustly
5 dated milestones of Trustly across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Trustly is founded.
- Funding First funding round.
- Exit Acquired by Nordic Capital.
- Funding Latest funding round, Series C,.
- Acquisition Acquires PayWithMyBank.
Competitors of Trustly
Trustly has 8 listed competitors in our database, 6 of them funded. They include Tink, Prime Trust, AuthBridge, Open Payments and Enfuce, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tink.com | 2012 | Stockholm, Sweden | $358.93M | – | Tink is recognized as a leading European open banking platform. | |
| primetrust.com | 2004 | Las Vegas, United States | $171.22M | 84 | Cloud-based AML and banking API solutions are provided for institutions. | |
| authbridge.com | 2005 | Gurugram, India | $11.2M | 1,017 | Identity verification, employee screening, and due diligence platforms are provided. | |
| openpayments.io | 2017 | Stockholm, Sweden | $11.23M | – | Open banking API solutions are offered to financial institutions. | |
| enfuce.com | 2016 | Espoo, Finland | $74.2M | – | Provider of open banking API solutions | |
| zimpler.com | 2012 | Stockholm, Sweden | – | – | Mobile payment solutions are provided for businesses via phone-linked verification. | |
| surfboardpayments.com | 2019 | Stockholm, Sweden | – | – | API-checkout and POS payment solutions are delivered for businesses. | |
| atlar.com | 2022 | Stockholm, Sweden | $4.99M | – | Automated bank payment solutions are integrated via API and dashboard. |
Detailed competitors of Trustly
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Trustly
The website of Trustly (trustly.com) receives about 4.7M visits a month and ranks #14,533 among all websites worldwide, #666 in Games.
- Monthly visits4.7M
▼ 0.8% vs previous month
- Unique visitors1.2M
per month
- Global rank#14,533
among all websites
- Category rank#666
Games
- Bounce rate39%
- Pages per visit2.6
- Average visit2 min 41 sec
- DevicesDesktop 16% · Mobile 84%
Websites whose visitors overlap most with Trustly. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| twitch.tv | 100% | 1.1B | #44 | View details | |
| steamcommunity.com | 94% | – | #183 | View details | |
| hltv.org | 86% | 55.4M | #633 | View details | |
| faceit.com | 82% | 44.2M | #1,242 | View details | |
| csgoempire.com | 82% | – | #7,703 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for Trustly
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 32 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Trustly (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Related news about Trustly
Complete news archive for Trustly
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Frequently Asked Questions about Trustly
Trustly was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Trustly is headquartered in San Carlos, United States. It is registered at San Carlos, California, United States.
Alexandre Gonthier is the current CEO of Trustly. They have also founded this company.
Trustly is a funded company, having raised a total of $28.73M across 3 funding rounds to date.
Annual revenue of Trustly is $1.61B as on Dec 31, 2019.
Founded in 2008, Trustly operates in the fintech sector from San Carlos, United States. Bank-independent payment services are facilitated through open banking, allowing in and out payments directly from bank accounts. A suite of financial products is offered to merchants, including connectivity to banks and access to consumer financial data. Operations focus on modernizing payments, lowering costs, and managing risks across global markets.
Trustly's top competitors include Tink, Open Payments and AuthBridge.
Trustly has made 1 acquisition, including PayWithMyBank.
Trustly has 7 investors. Key investors include BlackRock, Bridgepoint Capital, Neuberger Berman, Aberdeen Standard, and Investment Corporation of Dubai.
Trustly operates through Trustly Group Ab.
Yes. Trustly was acquired by Nordic Capital in March 2018.
The website of Trustly receives about 4.7 million visits a month and ranks #14,533 among all websites worldwide.