Alpcot, a digital investment and personal wealth management platform, has chosen to integrate with Trustly to help its investors deposit funds more easily.
Through the partnership, Alpcot can offer its clients a faster way to start investing in just a few clicks, helping them take control over their personal finances. The partnership is now live in Sweden, with potential plans to expand into new markets soon.
Björn Bringes, CEO at Alpcot, says: “Trustly is a great match for Alpcot because our investors tend to be well banked and transfer capital to Alpcot from different bank accounts. Other payment methods we were considering were tied to a specific account in one bank, which was problematic. With Trustly, our investors can choose from which bank and account they want to deposit at any given point in time. On top of that, Trustly is a preferred payment method in many of our target markets, which will make it simpler for us to expand geographically together.”
Luca Giannone, Director of Financial Services at Trustly, says: “At Trustly, we believe that consumers should be in control of their finances, whether they are shopping online or managing their assets. Leveraging both our own intra-bank account network as well as European instant schemes, Trustly executes highly reliable real-time payments, granting consumers immediate access to their bank accounts at the point of sale. We’re thrilled to be partnering with Alpcot, a personal wealth management platform that puts its investors in control, and look forward to a fruitful collaboration.”
Founded in 2008, Trustly is the global leader in Online Banking Payments. Our account-to-account network bypasses the card networks, letting consumers make fast, simple and secure payments to merchants directly from their online banking accounts. With support for more than 6,000 banks, roughly 600 million consumers across Europe and North America can pay with Trustly. We serve many of the world’s most prominent merchants within e-commerce, financial services, gaming, media, telecom and travel, which all benefit from increased consumer conversion and reduced operations, fraud and chargeback costs.
Trustly has 400 employees across Europe, the US and Latin America. We are a licensed Payment Institution under the second payment services directive (PSD2) and operate under the supervision of the Swedish Financial Supervisory Authority in Europe. In the US, we are state regulated as required to serve our target markets. Read more at www.trustly.com.
About Alpcot AB
Founded in 2014, Alpcot is a personal wealth management platform leading the digital transformation of the savings industry in Sweden. Our digital platform is offering unique services to our clients allowing them to reduce excessive fees, optimize investment portfolios and manage personal financial risks. We are also advising corporate clients on workplace pension schemes and related insurance policies. Alpcot has 20 employees in Sweden across offices in Stockholm, Huskvarna and Gothenburg. Alpcot is a securities firm and insurance intermediary licensed by the Swedish Financial Supervisory Authority. Read more at www.alpcot.se.