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 Jan 31, 2026, the latest employee count at Trustly is 883.

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 9th amongst 544 active competitors, of which 164 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was TrueLayer, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Trustly?

Trustly's top competitors include Tink, TrueLayer and Pine Labs. Among them, TrueLayer secured the most recent funding round in February, 2026.

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 544 active competitors, including 164 funded and 62 that have exited. Its top competitors include companies like Tink, TrueLayer and Pine Labs.

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 & 7 more

Ranked

9^th among 544 active competitors

Employee Count

883 as on Jan 31, 2026

Investment & Acquisitions

PayWithMyBank

Similar Companies

Tink & 294 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		$1.61B (As on Dec 31, 2019)	-

Trustly got acquired by Nordic Capital on Mar 14, 2018 at an acquisition amount of $862M. It was facilitated by Citi.

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 8 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	5578005	Series C	5094897	8217233	8985972	2046589
Nov 04, 2014	6103944	Series B	2317076	6404553	1294490	Bridgepoint Group
2011	7708	Series A	8238	2457	5841	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 883 employees as of Jan 26. Here is Trustly's employee count trend over the years:

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Top competitors of Trustly include Tink, TrueLayer and Pine Labs. 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 & 21 others	77/100
2nd	TrueLayer 2016, London (United Kingdom), Series E	Provider of open banking platform facilitating payments and data solutions	$322M	Northzone, Anthemis Group & 25 others	76/100
3rd	Pine Labs 1998, Noida (India), Public	Provider of in-store and online payment, prepaid, and financial solutions	$954M	Peak XV Partners, Actis & 186 others	75/100
4th	Galileo 2000, Sandy (United States), Acquired	Provider of cloud-based platform for financial technology and digital banking	$85M	Mercato Partners, Accel & 3 others	74/100
5th	M2P Fintech 2014, Chennai (India), Series D	Provider of APIs enabling banking, lending, and payment financial services	$188M	8i Ventures, Beenext & 62 others	74/100
6th	Dock 1997, Sao Paulo (Brazil), Acquired	Developer of open banking API solutions	$280M	Viking Global Investors, SLW & 7 others	72/100
7th	Solaris 2016, Berlin (Germany), Acquired	Provider of banking-as-a-service platform offering digital banking and payment solutions	$736M	FinLeap, SBI Group & 24 others	72/100
8th	Bud 2015, London (United Kingdom), Series B	Developer of open banking API and financial data analysis for businesses	$103M	Goldman Sachs, Banco Sabadell & 41 others	71/100
9th	Trustly 2008, San Carlos (United States), Acquired	Open banking-enabled payment processing solution for businesses	$28.7M	BlackRock, Neuberger Berman & 6 others	71/100
10th	Belvo 2019, Sao Paulo (Brazil), Series A	Developer of open banking API solutions	$74.3M	Kaszek, Quona & 29 others	69/100