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  5. Trustly Acquires SlimPay

M&A Deal Summary

Trustly Acquires SlimPay

On August 29, 2023, Trustly acquired information technology company SlimPay

Acquisition Highlights
  • This is Trustly’s 1st transaction in the Information Technology sector.
  • This is Trustly’s 1st transaction in France.

M&A Deal Summary
Date 2023-08-29
Target SlimPay
Sector Information Technology
Buyer(s) Trustly
Deal Type Add-on Acquisition

Target

SlimPay

Paris, France
SlimPay is a recurring payments company that offers digital payment solutions through innovative technologies to merchants and consumers across utility, financial services, and retail sectors. SlimPay was formed in 2010 and is based in Paris.

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Buyer(S) 1

Buyer

Trustly

Stockholm, Sweden
Category Company
Founded 2008
Sector Internet Software and Services
Employees850
DESCRIPTION

Trustly is an online payment provider that enables direct account-to-account payments, in partnership with merchants across Europe. The Company processes more than 3.5 million payments with payment volumes of ~SEK 6 billion each month. Trustly was founded in 2008 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: France M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-30 Ecospend

London, United Kingdom

Ecospend is an FCA UK-regulated A2A payments provider powering the next generation of open banking-based payments and financial data services. Ecospend was founded in 2017 and is based in London, United Kingdom.

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