Trustly, Inc. (Previously PayWithMyBank)

Trustly is a global leader in Online Banking Payments, serving over 600M consumers in more than 30 countries. As the U.S. market leader, it proudly caters to Fortune 500 merchants and billers, offering a unique combination of high-conversion UX, high approval rates, low cost, and no chargebacks. Its intuitive, multi-channel, web-native payment experience helps clients boost revenues and profits by increasing transaction volumes and reducing costs. Consumers are drawn to Trustly for its simplicity and safety. With its user-friendly approach, they can initiate payments on any device by signing into online banking with familiar credentials, without leaving the merchant's site or app. Trustly, Inc. was founded in Silicon Valley in 2012 and merged with Europe-based Trustly in 2019. The latest funding round in June 2020 saw participation from Aberdeen Standard Investments, Investment Corp. of Dubai, Neuberger Berman Group, and BlackRock Private Equity Partners. Trustly operates in diverse industries such as E-commerce, Finance, Fintech, and Internet. With its stronghold in the payments sector and a proven track record in serving major players, it presents an attractive opportunity for venture capital investment.