When was Trustly founded?

Trustly was founded in 2008 and raised its 1st funding round 3 years after it was founded.

Where is Trustly located?

Trustly is headquartered in San Carlos, United States.

Who is the current CEO of Trustly?

Alexandre Gonthier of Trustly. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Trustly have?

As of Jun 30, 2026, the latest employee count at Trustly is 901.

Is Trustly a funded company?

Trustly is a funded company, having raised a total of $28.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2011.

How much is Trustly worth?

The last known valuation of Trustly was $***** as of Mar 14, 2018.

When was the latest funding round of Trustly?

Trustly's latest funding was a $***** Series C round on Jun 10, 2020, with participation from 4 investors.

Where does Trustly rank among its competitors?

Trustly ranks 2nd amongst 12 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Tink, which secured $41.3K in Apr, 2023.

Who are the top competitors of Trustly?

Trustly's top competitors include Tink, Atlar and Zimpler. Among them, Tink secured the most recent funding round in April, 2023.

Trustly - 2026 Company Profile, Team, Funding & Competitors

Q: Is Trustly an acquired company?

Trustly got acquired by Nordic Capital on Mar 14, 2018.

Trustly is an acquired company based in San Carlos (United States), founded in 2008 by Alexandre Gonthier and Lukas Gratte. It operates as an Open banking-enabled payment processing solution for businesses. Trustly has raised $28.7M in funding from investors like BlackRock, Investment Corporation of Dubai and Neuberger Berman, with last known valuation of $*****. The company has 12 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like Tink, Atlar and Zimpler.

Company Details

Open banking-enabled payment processing solution for businesses. Offers a bank-independent payment service powered by open banking, enabling consumers and merchants to carry out in and out payments using their bank account. Provides a cohesive suite of financial and payment products that modernize payments, reduce costs, and mitigate risk. Provides high-quality bank connectivity supplies merchants with superior consumer financial data.

Website: www.trustly.com/us
Social
Email ID: *****@trustly.com

Key Metrics

Founded Year

2008

Location

San Carlos, United States

Stage

Acquired

Total Funding

$28.7M in 3 rounds

Latest Funding Round

Series C, Jun 10, 2020, $*****

Last Known Valuation

$***** as on Mar 14, 2018

Investors

BlackRock & 8 more

Ranked

2^nd among 12 active competitors

Employee Count

901 as on Jun 30, 2026

Similar Companies

M2P Fintech & 306 more

Exit Details

Acquired by Nordic Capital (Mar 14, 2018)

View Trustly's full profile

Trustly is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Trustly Group AB CIN: FC038845 , Germany, Active		SGD 1B+ (As on Dec 31, 2019)	-

Trustly got acquired by Nordic Capital on Mar 14, 2018 at an acquisition amount of $*****.

Click here to take a look at Trustly's acquisition in detail

Trustly has raised a total funding of $28.7M over 3 rounds. Its first funding round was on 2011. Its latest funding round was a Series C round on Jun 10, 2020 for $*****. 4 investors participated in its latest round. Trustly has 9 institutional investors.

Here is the list of recent funding rounds of Trustly:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 10, 2020	8148704	Series C	7808433	3859171	9867428	8507766
Nov 04, 2014	6447450	Series B	4006852	3091700	9546287	Bridgepoint Group
2011	6293	Series A	7681	4346	6843	Alfvén & Didrikson

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View details of Trustly's funding rounds and investors

The founders of Trustly are Alexandre Gonthier and Lukas Gratte. Alexandre Gonthier and Johan Tjaernberg are the CEOs of Trustly.

Here are the details of Trustly's key team members:

Alexandre Gonthier: Co-Founder & CEO of Trustly. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Lukas Gratte: Co-Founder of Trustly.
Contact Info: 1 email address

View details of Trustly's Founder profiles and Board Members

Trustly's employee count trend

Trustly has 901 employees as of Jun 26. Here is Trustly's employee count trend over the years:

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Top competitors of Trustly include Tink, Atlar and Zimpler. Here is the list of Top 10 competitors of Trustly, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tink 2012, Stockholm (Sweden), Acquired	Provider of open banking platform offering payment services and data enrichment	$359M	Sunstone, Creades & 22 others	73/100
2nd	Trustly 2008, San Carlos (United States), Acquired	Open banking-enabled payment processing solution for businesses	$28.7M	TTV Capital, Neuberger Berman & 7 others	71/100
3rd	Atlar 2022, Stockholm (Sweden), Seed	API-integrated automated bank payment solutions	$4.99M	La Famiglia, Revolut & 6 others	55/100
4th	Zimpler 2012, Stockholm (Sweden), Acquired	Provider of solutions for instant deposits and payouts across borders	-	Inbox Capital, AGOF & 5 others	53/100
5th	Prime Trust 2004, Las Vegas (United States), Series B	AML and banking API management solutions	$171M	Mercato Partners, Akkadian Ventures & 25 others	49/100
6th	Surfboard Payments 2019, Stockholm (Sweden), Seed	API-checkout and POS payment solutions for businesses	-	Uequity, Almi Invest	42/100
7th	Youcal 2017, orebro (Sweden), Unfunded	Open banking API solutions	-	-	34/100
8th	Finshark 2019, Lund (Sweden), Unfunded	Open banking solution provider	-	-	33/100
9th	MONU 2019, Stockholm (Sweden), Acqui-Hired	Cloud-based open banking solution for banks and financial institutions	-	Webs, 3T Invest	32/100
10th	Fimento 2020, Sweden, Unfunded	Cloud platform for open banking API solutions	-	-	27/100