Trustly and Plaid are two different financial technology (fintech) companies that offer distinct services in the financial industry. Here’s a comparison of Trustly and Plaid:


  1. Payment Processing: Trustly primarily specializes in online payment solutions. It allows users to make payments and money transfers directly from their bank accounts to merchants or individuals. Trustly is commonly used for e-commerce transactions and peer-to-peer transfers.
  2. Region: Trustly is a European-based payment service provider and is widely used in European countries.
  3. Authentication: Trustly relies on bank-level authentication, leveraging the user’s existing online banking credentials for payment processing.
  4. Regulation: Trustly is regulated by the Swedish Financial Supervisory Authority, ensuring adherence to strict financial and security standards.


  1. Data Connectivity: Plaid provides a data connectivity platform that allows apps and services to connect with users’ financial accounts, such as checking and savings accounts. It is not a payment processing service like Trustly.
  2. API Services: Plaid offers a suite of APIs (Application Programming Interfaces) that enable applications to access and utilize financial data for various purposes, including account verification, transaction history, and more.
  3. Use Cases: Plaid’s services are commonly used by financial apps, budgeting tools, investment platforms, and lenders to streamline and enhance their services by accessing user financial data.
  4. Region: Plaid has a broader presence, serving users and financial institutions in both the United States and Canada, as well as in some European countries.

In summary, Trustly and Plaid serve different purposes within the fintech space. Trustly is primarily focused on online payments and transactions, particularly in Europe, while Plaid specializes in data connectivity and providing tools to access financial data for various financial and banking services. The choice between the two would depend on your specific needs and the kind of financial services you are looking to integrate or use.