BlackRock backs Trustly, bank transfer payments platform now valued at over $1B

Online payments are often synonymous with card payments, but today a startup that’s built a profitable alternative, based around making and taking payments by way of a bank transfer, is announcing a round of funding amid a surge of growth.

Trustly, a startup from Sweden that has built a platform to make it as easy (and competitive) for merchants to accept bank transfers as it is to take card payments to complete online transactions, is today announcing that it has raised a significant round of funding from a group of investors led by BlackRock.

In an interview, Trustly’s CEO Oscar Berglund

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