CNBC Names Trustly a Top 250 Fintech Company for 2024

CNBC’s list comes after the publication of Trustly’s Annual Report which shows the company had a 79% increase in transaction value from the previous year

STOCKHOLM, SWEDEN AND SAN CARLOS, CA--Trustly has been listed by CNBC as one of the world’s top 250 fintech companies for 2024, highlighting the growing recognition of Trustly’s strong performance in recent years.

CNBC worked with market research firm Statista to list the leading 250 fintechs globally as part of CNBC’s World’s Top Fintech Companies 2024 report. This is the second time that CNBC and Statista have published the report, with Trustly also awarded in the first edition released in 2023.

The companies included span a range of geographies, sectors, and sizes and are listed according to eight different market segments – alternate finance, banking solutions, business process solutions, digital assets, financial planning, neobanking, payments, and wealth technology – with Trustly listed under the payments category. Each category is unranked with companies listed alphabetically.

The list is based on the analysis and weighting of general and segment-specific KPIs derived from the collection of publicly available data and an online application form, which allowed companies to be considered by submitting relevant KPIs.

CNBC’s list comes after the publication of Trustly’s Annual Report which shows the company had revenues of $265 million in 2023 and a 79% increase in transaction value from the previous year, totalling $58 billion.

Alexandre Gonthier, CEO of Trustly Inc. commented:

"CNBC recognizing Trustly as one of the world’s top 250 fintech companies for the second year in a row is an honor. We are driving account-to-account and Open Banking Payments adoption across the U.S. market, leveraging instant payments on both RTP and FedNow to optimize the experience. This acknowledgment validates our leadership in the space and underscores the remarkable value we bring to both consumers and merchants."

Johan Tjärnberg, Group CEO at Trustly added: “It is very exciting to see Trustly being recognised by an authoritative industry voice alongside other leading names in our field. Our inclusion in this listing for the second year running speaks to our exceptional business performance, the value we provide for our customers, as well as the increasing strength of our brand reputation.”

For more information, please contact:

Trustly Press Office, press@trustly.com

About Trustly

Trustly was launched in 2008 and has grown rapidly over the past 16 years to become a global leader in Open Banking Payment solutions. With a mission to make online payments as seamless as possible, Trustly offers an innovative payment platform, bridging the gap between consumers and merchants. Its technology ensures that transactions are processed in real-time, providing both speed and security for all parties involved.

Trustly's dedication to revolutionizing the payments industry is reflected in its partnerships with major brands such as PayPal, eBay, and Hargreaves Lansdown in Europe and FanDuel, T-Mobile, and Coinbase in North America. To date, Trustly has transformed the performance and experience of payments for over 9,000 merchants in 30+ markets, connecting them to 650+ million consumers through 12,000 banks.

Trustly is a licensed Payment Institution under the second payment services directive (PSD2). It operates under the supervision of the Swedish Financial Supervisory Authority in the EU, EEA and the Financial Conduct Authority in the UK. In the US, Trustly is state-regulated as required to serve its target markets. Read more about Trustly, the modern way to pay, at www.trustly.com.