Swedish open-banking A2A payments leader, Nordic Capital + BlackRock PE-owned. Cross-reference: listed in our directory as a product.
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Ordered by feature parity and migration friction, which is weighted higher than feature breadth.
Figure 1Closest matches to Trustly
London-based open-banking A2A real-time payments (Volt Technologies, 2019), FCA EMI, 2,500 banks across 31 territories; US-VC-led.
London-based UK direct-debit and recurring-payments specialist (FCA-authorised); Mollie acquisition announced Dec 2025.
Paris-based ACPR-licensed pan-European marketplace payment institution (since 2007), €10.5B of flows handled in 2024, 1,200 platform clients.
All 3 alternatives, benchmarked against Trustly.
London-based open-banking A2A real-time payments (Volt Technologies, 2019), FCA EMI, 2,500 banks across 31 territories; US-VC-led.
London-based UK direct-debit and recurring-payments specialist (FCA-authorised); Mollie acquisition announced Dec 2025.
Paris-based ACPR-licensed pan-European marketplace payment institution (since 2007), €10.5B of flows handled in 2024, 1,200 platform clients.
Beyond compliance: how these alternatives compare on the capabilities you actually use day to day.
| Feature | Volt | GoCardless | Lemonway |
|---|---|---|---|
| Card payments | No | No | Yes |
| SEPA Direct Debit | No | Yes | Yes |
| Buy now, pay later | No | No | Yes |
| Open banking (A2A) | Yes | Yes | Yes |
| Recurring / subscriptions | Yes | Yes | Yes |
| Payment links | No | Yes | Yes |
| In-person / POS | No | No | No |
| Marketplace / split | No | No | Yes |
Source: vendor documentation, as of Aug 2026.
For every product we read the public DPA, sub-processors document, hosting region declaration, and corporate ownership records. Each is timestamped. Signals are editorial, re-verified quarterly. We never accept self-attestation.
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