Sweden · Payments & e-money
Trustly Group AB
Trustly Group AB is a Stockholm-based Swedish limited company. Finansinspektionen authorises it as a payment institution (FI number 45002) under the Swedish Payment Services Act. It is an operating subsidiary in the Trustly group headed by Trustly Holding AB (publ), whose highest parent is the Luxembourg company Cidron MaaS Sàrl. It provides Pay by Bank payment initiation, account information, money remittance, payout and direct debit services to merchants and their consumers in the EEA. In February 2022 Finansinspektionen issued it a warning and a SEK 130 million administrative fine for anti-money laundering deficiencies.
Licences and registrations
Held by Trustly Group AB (LEI 5493008FHV9NM1RASP51). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterSwedish Financial Supervisory AuthorityLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Payment institutionPayment Institution | 45002 | Sweden | Active | 2019-07-05 | — |
|
Search the register ↗ |
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- TRLYSESSXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under TRLYSESS directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 2 branch codes
- BIC first registered
- 2013-06-08
- Last updated
- 2022-02-14
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
Trustly Holding AB (publ)
Firm type
Open banking
Trades as Trustly
- Ownership
- Trustly Holding AB (publ) heads the operating group and is wholly owned by Trustly AB (publ), and the group reports Cidron MaaS Sàrl of Luxembourg as its highest parent with 61.2% at 31 December 2025.
- Direct parent
- Trustly Holding AB (publ), Sweden
- Ultimate owner
- Cidron MaaS Sàrl, Luxembourg
- Head office
- Rådmansgatan 40, floor 5, 113 57 Stockholm, Sweden
- Company register
- Bolagsverket 556754-8655
Online
- Websites & references
- trustly.com ↗
docs.trustly.com ↗ developer documentation
developers.trustly.com ↗ developer portal
status.trustly.net ↗ status page
Wikipedia ↗ group article
Wikidata Q18449475 ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Instagram ↗ · YouTube ↗
Sources · 16 pages consulted
- fi.se/en/our-registers/company-register/details?id=72257
- fi.se/en/our-registers/company-register/gransoverskridandehandel?id=72257
- fi.se/en/published/sanctions/financial-firms/2022/trustly-group-receives-warning-and-administra
- trustly.com
- trustly.com/investors
- trustly.com/legal-hub
- trustly.com/about-us/terms-and-conditions-pis
- trustly.com/se/about-us/terms-and-conditions-tdd
- storage.mfn.se/06e94608-3ad1-48c6-bf0e-951e4e03d647/trustly-holding-ab-publ-q4-25-report.pdf
- cdn.prod.website-files.com/6798a4db9ed2b5ffc8c81f32/6a915651aa3c3906eb18676a_Update%20for%20Bond%20Holders%20-%20Q2-
- cdn.prod.website-files.com/6798a4db9ed2b5ffc8c81f32/6930428cba75555241a535db_Trustly%20Holding%20AB%20(publ)%20-%20B
- trustly.com/blog/trustly-completes-slimpay-merger
- tech.eu/2026/09/17/swedish-fintech-trustly-to-cut-around-200-jobs/
- fintechfutures.com/job-cuts-new-hires/trustly-appoints-randy-kern-as-group-cto-amid-us-growth-push
- nordiccapital.com/news-views/press-releases/nordic-capital-backed-trustly-announces-strategic-minority-inve
- en.wikipedia.org/wiki/Trustly
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
Finansinspektionen authorises the firm as a payment institution for executing payment transactions, money remittance, payment initiation and account information services. The authorisation is passported to 29 other EEA states, and Finansinspektionen lists six group companies as its registered agents.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Finansinspektionen (Swedish Financial Supervisory Authority) Sweden | Payment institution (betalningsinstitut): execution of payment transactions, including through credit lines, money remittance, payment initiation services and account information services | 45002 | In its own name | Active | fi.se ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm states that direct debit amounts collected from payers go to a client funds account it holds for the merchant's benefit.
- Payment schemes and card networks
- Bankgirot Autogiro (Swedish direct debit) Access not stated trustly.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It offers Pay by Bank account-to-account pay-ins, deposits, payouts, recurring payments and Swedish Autogiro direct debit to merchants, including in e-commerce, travel, gaming, utilities and financial services.
It serves merchants and consumers in the EEA under its Swedish payment institution authorisation, with country-specific terms published for 12 markets.
- Revenue
- SEK 2.43bn
- Payment volume
- SEK 1.06tnTransaction payment value (TPV), including UK initiation-only transactions
- Sells to
- Enterprises · Platforms and marketplaces · Financial institutions · Public sector · Consumers
- Serves customers in 15 countries
- Sweden · Denmark · Finland · Norway · Estonia · Latvia · Lithuania · Germany · Austria · Netherlands · Poland · Spain · France · Italy · Portugal
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Johan Tjärnberg
Group CEO
- Executive
-
Morten Hübbe
Chair of the board of Trustly Holding AB (publ) (parent company)
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The Trustly group told staff of proposed organisational changes affecting around 200 roles globally.
tech.eu ↗ -
Leadership
The Trustly group appointed Randy Kern as group CTO and Chantelle Zemba as group chief legal officer.
fintechfutures.com ↗ -
Other
Parent Trustly Holding AB (publ) issued EUR 375 million of senior secured bonds, with Trustly Group AB named as a guarantor.
storage.mfn.se ↗ -
Merger / acquisition
The Trustly group completed its acquisition of the French payment institution SlimPay after approval from the ACPR.
trustly.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- TRLYSESSXXX
- How the BIC breaks down
- TRLYBank
- SECountry · Sweden
- SSLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 5493008FHV9NM1RASP51
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- 45002
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate to GLEIF on name, country and address.
- Register-entry ID
- 1bfa5a4c4edd
- National bank code
- Clearingnummer 2140-2149
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 1 entry on 1 register
- Activities
- Money remittance
- Payment services
- Payment initiation
- Account information
- Licensed in
- Sweden
- Country · region
- Sweden · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 2008
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- RADMANSGATAN 40 STOCKHOLM 113 57 SWEDEN
- Operational address
- RADMANSGATAN 40 STOCKHOLM 113 57 STOCKHOLM SWEDEN
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>TRLYSESSXXX</BICFI>
<LEI>5493008FHV9NM1RASP51</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>TRLYSESSXXX</BICFI>
<LEI>5493008FHV9NM1RASP51</LEI>
<Nm>TRUSTLY GROUP AB</Nm>
<PstlAdr>
<TwnNm>STOCKHOLM</TwnNm>
<Ctry>SE</Ctry>
<AdrLine>RADMANSGATAN 40 STOCKHOLM 113 57</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
National bank codes
Clearingnummer · Sweden
1 code file of 2026-08-06 · ISO 20022 clearing system code SESBA
| Code | Routes to BIC | Name in the national file |
|---|---|---|
| 2140-2149 | TRLYSESS | Trustly Group AB |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
Network
Branch network
All 2 branch BICs connect to the head office. They are all in Stockholm, and no function or registration year splits them further.
Hover over a branch or group to see its details
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| TRLYSESSIIX | — | Stockholm | RADMANSGATAN 40 STOCKHOLM 113 57 STOCKHOLM SWEDEN | — | 2025-05-31 |
| TRLYSESSIXX | — | Stockholm | RADMANSGATAN 40 STOCKHOLM 113 57 STOCKHOLM SWEDEN | — | 2025-05-31 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- National bank codes—Sweden (Source: Bankinfrastruktur i Sverige AB (BSAB)).
- EBA PSD2 Register—European Banking Authority (EBA) · register ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Snorlaks · CC BY 4.0 · Wikimedia Commons · original; Johan Tjärnberg: trustly.com (official website) · original; Morten Hübbe: trustly.com (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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