Trustly - FinTecBuzz

Trustly Closes Acquisition of Ecospend

January 30, 20235 min

Trustly, the global payments platform for digital account-to-account (A2A) transactions today announces the closing of the acquisition of UK-based Open Banking payments platform Ecospend, following FCA approval. Trustly and Ecospend together become the leading Open Banking payments company in the UK, featuring connectivity with over 80 banks and a consumer reach of approximately 50 million consumers.The UK is one of Europe’s most rapidly growing A2A markets and a core growth market for Trustly. Ecospend’s strong UK Payment Initiation...

by BusinessWire

Payments

Trustly and Gr4vy Partner to Deliver Open Banking Payment Services

June 29, 20224 min

Today Trustly, the global leader in Open Banking Payments, announces its partnership with Gr4vy, a leading cloud-native payment orchestration platform (POP). Gr4vy’s online merchants will be able to add Trustly as a payment option, bringing even more flexibility and convenience to their customers. Gr4vy’s cloud-native POP capabilities enable merchants to streamline and manage payment methods, services, and transactions all in one place. With eCommerce being the first choice for many consumers, merchants need alternatives to...

by PRNewswire

Payments

Trustly acquires Ecospend, further strengthening position in the UK

June 1, 20225 min

Trustly, the leading global payments platform for digital Account-to-Account transactions (“A2A”) today announces the acquisition of the UK-based Open Banking Payments platform Ecospend. Ecospend’s strong UK A2A product and full bank connectivity will complement and enable Trustly to deliver a market-leading product in the UK, and further accelerate its UK roll-out – one of Europe’s most rapidly growing A2A regions and a core growth market for Trustly. Four years after PSD2 made Open Banking a regulatory requirement...