Information Technology
TrueLayer to Acquire Zimpler, Creating a European Pay by Bank Powerhouse
The acquisition is another clear step forward for TrueLayer in its mission to build a powerful alternative to legacy payments in Europe , fostering greater competition, innovation and value for businesses and their consumers.
With some of the highest adoption rates of account-to-account (A2A) payments anywhere in the world, the Nordic region has been a proving ground for Pay by Bank. By acquiring Zimpler, TrueLayer will have more than 20 million users and will add coverage across key markets such as Sweden , Finland , and will add additional A2A capabilities through the Swish payment rail integration. This significantly strengthens TrueLayer's pan-European network, accelerating the shift to smarter, safer, and more cost-effective payments.
Founded in 2012 by Johan Friis and Kristofer Ekman Sinclair , Zimpler has grown rapidly to become a Pay by Bank leader in the Nordics. TrueLayer is proud to welcome Zimpler's founders and shareholders on this journey – joining the likes of Stripe, Northzone, and Tiger Global in backing its mission to transform the way the world pays.
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The transaction is subject to regulatory approval. The change in control has been submitted to the Finansinspektionen – the Swedish Financial Supervisory Authority. When the outcome of the regulatory review is announced we will communicate it through official channels.
Perella Weinberg acted as exclusive financial advisor to Zimpler on the transaction.
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