Trustly Group

100 years ago people got paid in cash. They had cash in their pocket and paid for merchandise in cash at their local store. Cash was king. Payments were easy. Today people receive their salary in their bank account. Merchants keep their money in their bank account. People shop online. So how come it’s so complicated to pay straight from your bank account? In 2008 we decided to do something about this. It’s your money, your account, you should be able to pay from it in a simple way - just as you can with cash in your pocket. And for the merchant, it should be just as easy to receive money when selling as it should be to send money when refunding the customer. Nobody wants the cash economy to come back - but we all want the simplicity of it. Now, we’re confident that we have the solution. For consumers Trustly enables secure online payments - direct bank payments. The risk of errors and mistakes are minimal. It is as secure as everything else you do via the Internet bank, you never have to disclose information that could be misused by third parties. All that is required to use Trustly is a bank account, which everyone has. Trustly makes it easy for merchants to get paid online. Trustly removes unnecessary middlemen, and merchants can sell to consumers regardless of what bank they have. In comparison to credit card payments, transaction costs are low and easy to understand and predict. Trustly - bank payments simplified
Type
Private
HQ
Stockholm, SE
Founded
2008
Employees
130 (est)+6%

Key People at Trustly Group

Carl Henrik Somp

Carl Henrik Somp

COO
Alex Omar

Alex Omar

Team Member
Lukas Gratte

Lukas Gratte

CPO, co-founder
Carl Wilsson

Carl Wilsson

CEO, co-founder
Joel Jacobsson

Joel Jacobsson

CTO, co-founder
Oscar Berglund

Oscar Berglund

CFO

Trustly Group Locations

Stockholm, SE
Sliema, MT
Barcelona, ES

Trustly Group Metrics

Trustly Group Summary

Founding Date

2008

Total Funding

$28.8 M

Latest funding size

$28.8 M

Time since last funding

about 2 years

Investors

Trustly Group Online Presence

Trustly Group News

Trustly Group Company Life

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