Softwr

APIs · head to head

Trustly vs Yodlee

Trustly logo

Trustly

APIs

Pay-by-bank payments network, majority-owned by private equity firm Nordic Capital

From
On request
Rated
-
Full reviewWebsite
Yodlee logo

Yodlee

APIs

Long-running financial data aggregation with deep transaction history

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Trustly it is majority-owned by Nordic Capital, a private equity firm, so its long-term roadmap is ultimately oriented toward an eventual sale or IPO rather than indefinite independent operation.; Yodlee ownership has changed twice in two years, from Envestnet to Bain Capital control and then to STG in 2025, so the roadmap is now set by a financial sponsor and long term product direction is harder to rely on than it was.
  • They diverge on capability: Trustly covers Pay by bank checkout, Yodlee covers Account aggregation.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Trustly and Yodlee actually diverge.

Attributes where Trustly and Yodlee differ
AttributeTrustlyYodlee
PlatformsWeb, APIAPI, Web

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (APIs).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Trustly

  • Pay by bank checkout
  • Instant refunds
  • Verified payouts
  • Multi-market bank connectivity
  • Merchant dashboard and reconciliation
  • Fraud and risk tooling

Only in Yodlee

  • Account aggregation
  • Long transaction history
  • Investment and holdings data
  • Account verification
  • Transaction enrichment
  • Cash flow analytics
  • Document retrieval
  • International coverage

What people use each for

The jobs each tool is most often brought in to do.

Trustly

  • An e-commerce merchant wanting a lower-cost alternative or complement to card payment acceptancenot Yodlee
  • A gaming or gambling operator needing verified, instant payouts to players' bank accountsnot Yodlee
  • A merchant wanting instant refunds processed directly to a customer's bank account rather than card reversal delaysnot Yodlee
  • A business in a market with strong open banking adoption wanting pay-by-bank as a checkout optionnot Yodlee

Yodlee

  • A wealth platform that needs held-away brokerage holdings as well as bank balances to show a client their complete positionnot Trustly
  • A lender doing cash flow underwriting that needs several years of transaction history rather than the ninety days newer aggregators returnnot Trustly
  • A financial institution needing statement and tax document retrieval alongside transaction datanot Trustly
  • A firm operating in several countries that wants one aggregator rather than a US provider plus a European onenot Trustly

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Trustly

  • It is majority-owned by Nordic Capital, a private equity firm, so its long-term roadmap is ultimately oriented toward an eventual sale or IPO rather than indefinite independent operation.
  • Consumer familiarity with paying by bank transfer still lags card payments in most markets, so merchants typically see it used as a secondary option rather than a full card replacement.
  • The 1.15 to 3.15% merchant fee range is not a single published rate, so a merchant cannot know its actual cost without a sales negotiation.
  • As with all open banking-dependent payment methods, reliability depends on the consistency of the underlying banks' own APIs, which Trustly does not control.
  • Its verified payout functionality is heavily used in gaming and gambling, a sector with additional regulatory scrutiny, which is worth factoring in when evaluating vendor risk exposure by association.

Yodlee

  • Ownership has changed twice in two years, from Envestnet to Bain Capital control and then to STG in 2025, so the roadmap is now set by a financial sponsor and long term product direction is harder to rely on than it was.
  • Parts of the connection estate still depend on credential based access, which banks and regulators are phasing out in favour of FDX APIs, so coverage will shift as institutions withdraw the older method and the migration is not under your control.
  • The platform predates modern API design and developers consistently find the integration heavier and the data model more idiosyncratic than newer aggregators, which lengthens build time.
  • Pricing is enterprise shaped with annual commitments and nothing published, so small and mid sized buyers have no anchor and cannot start without a sales cycle.
  • Investment data, document retrieval and analytics are licensed on top of core aggregation, so the capabilities that justify choosing Yodlee over a cheaper rival are the ones that raise the price above it.

Pricing, plan by plan

Trustly

On request
  • Trustly$undefined/month
    • Typical merchant cost of 1.15% to 3.15% depending on volume and market
    • Exact rate negotiated per merchant, not published as a flat card

Yodlee

On request
  • Yodlee Data Platform$undefined/year
    • Priced by connected users, refresh frequency and data types
    • Investment and document retrieval licensed separately from core aggregation
    • Enterprise agreements with annual commitments

Which should you pick?

Choose Trustly if

  • You need pay by bank checkout.
  • You work on Web, API.
  • You also want instant refunds.
Trustly review

Choose Yodlee if

  • You need account aggregation.
  • You work on API, Web.
  • You also want long transaction history.
Yodlee review

Questions people ask

Is Trustly or Yodlee better?
Neither clearly leads. Trustly starts at On request and Yodlee at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Trustly or Yodlee?
Trustly starts at On request and Yodlee at On request.
Does Trustly or Yodlee run on more platforms?
Trustly runs on Web, API. Yodlee runs on API, Web.
What is Trustly best used for?
Trustly is most often used for an e-commerce merchant wanting a lower-cost alternative or complement to card payment acceptance, a gaming or gambling operator needing verified, instant payouts to players' bank accounts, a merchant wanting instant refunds processed directly to a customer's bank account rather than card reversal delays, a business in a market with strong open banking adoption wanting pay-by-bank as a checkout option. Of those, an e-commerce merchant wanting a lower-cost alternative or complement to card payment acceptance and a gaming or gambling operator needing verified, instant payouts to players' bank accounts are not what Yodlee is typically brought in for.
What can Trustly do that Yodlee cannot?
Trustly covers Pay by bank checkout, Instant refunds, Verified payouts, Multi-market bank connectivity. Yodlee covers Account aggregation, Long transaction history, Investment and holdings data, Account verification.

Answered from the vendors’ own pages

Trustly: Who owns Trustly?

Nordic Capital, a private equity firm, holds a 51.1% majority stake; Alfven & Didrikson and BlackRock hold smaller stakes.

Yodlee: Who owns Yodlee now?

Private equity firm STG, which acquired it from Envestnet in a deal closing in 2025. Envestnet, itself taken private by Bain Capital and Reverence Capital in 2024, retained access through a partnership.

Trustly: Is Trustly going public?

It has discussed an IPO but as of its most recent comments said one remained at least a year away.

Yodlee: Why choose Yodlee over Plaid?

Longer transaction history, deeper investment and held-away account coverage, and document retrieval. Those are wealth management and underwriting requirements rather than consumer fintech ones.

Trustly: What does it typically cost a merchant?

Roughly 1.15% to 3.15% of transaction value depending on volume and market, negotiated per merchant.

Yodlee: Does it still use screen scraping?

Parts of the estate rely on credential based connections, which the industry is phasing out in favour of regulated APIs. Ask for direct API coverage by institution before signing.

Yodlee: Is pricing published?

No. It is quoted by connected users, refresh frequency and data types, with investment data and document retrieval priced separately.

Share

Related pages

More on Trustly

More on Yodlee

Keep looking

Other head to heads