Trustly to power payments for tech bank Northmill

Trustly is pleased to announce a new partnership with Northmill, a Swedish technology bank that provides the tools for people to make better financial choices. Thanks to the partnership, customers of Northmill can continue to receive instant pay-outs directly to their bank accounts. Trustly supports all the major Swedish banks.

Babel Poli, Senior Product Manager at Northmill, says: “We aim to build a bank for everyone by developing products that improve people’s financial life. And we are using the latest technology to do so. In this quest, Trustly is an important partner for us, as it enables faster transactions for our customers, ultimately putting them in better control of their personal finances, wherever they are.”

Luca Giannone, Director of Financial Services at Trustly, says: “We’re proud to partner with an industry innovator like Northmill. Its growing bank offering is redefining people’s relationship to banking and we’re pleased to be able to support them with fast, simple and secure payment solutions.”

About Trustly

Founded in 2008, Trustly is the global leader in Online Banking Payments. Our account-to-account network bypasses the card networks, letting consumers make fast, simple and secure payments to merchants directly from their online banking accounts. With support for more than 6,000 banks, roughly 600 million consumers across Europe and North America can pay with Trustly. We serve many of the world’s most prominent merchants within e-commerce, financial services, gaming, media, telecom and travel, which all benefit from increased consumer conversion and reduced operations, fraud and chargeback costs.

Trustly has 400 employees across Europe, the US and Latin America. We are a licensed Payment Institution under the second payment services directive (PSD2) and operate under the supervision of the Swedish Financial Supervisory Authority in Europe. In the US, we are state-regulated as required to serve our target markets. Read more at www.trustly.com.

About Northmill

Northmill is a bank for everyone. We provide the tools for people to make better financial choices. We were founded in 2006 in Stockholm, Sweden, with the vision of improving people's financial lives using new technology. Today, we have over 200 000 customers and 150 employees across three countries. Northmill Bank AB acts under the supervision of Finansinspektionen, the Swedish Financial Supervisory Authority and is subject to the Banking and Financing Business Act (2004:297). Learn more at northmill.com.