Announced
Financials
Sources
Tags
Acquisition
United Kingdom
FinTech
Single Bidder
Pending
fintech
Private
Cross Border
Majority
Friendly
Synopsis
Trustly, a global payments platform for digital account-to-account transactions, agreed to acquire Ecospend, an open finance technology platform. Financial terms were not disclosed. "Together with Trustly we will be able to further accelerate our expansion in the UK and continue to raise the bar for service excellence to our customers. We will continue to leverage our market-leading technology and bank connectivity in the UK and, together with Trustly, broaden our capabilities to stretch across Europe and further markets. We are really excited to join the Trustly family," Metin Erkman, Ecospend Founder.
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