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About Trolley
Industries
Enterprise Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Series B
Total Funding
$30.7M
Headquarters
Westmount, Canada
Founded
2015
Overview
Trolley provides global payment processing tailored for businesses of all sizes. It offers tools to automate sending and receiving payments, with features for tax compliance, recipient management, and integration with other financial systems. The platform processes transactions securely and streamlines payment workflows, helping businesses save time and reduce complexity. It differentiates itself through a user-friendly interface, strong security measures, and robust customer support, including transparent incident history and status updates. The company’s goal is to enable reliable, efficient cross-border payments to support growth for SMEs, freelancers, and large corporations, and it generates revenue mainly from transaction fees, with optional premium plans for larger or more complex needs.
Simplify's Take
What believers are saying
- $23M Series B in 2023 fuels global expansion and Trust enhancements.
- CD Baby, Spare Music, OpenPlay partnerships capture music royalties.
- Trolley Plus launches enterprise SaaS for higher-margin contracts.
What critics are saying
- Stripe's payouts API undercuts fees by 20-30% in 6-12 months.
- Wise Business API seizes 40% cross-border volume in 12-18 months.
- Payoneer poaches CD Baby with zero-fee payouts in 6-12 months.
What makes Trolley unique
- Trolley's one-line code APIs enable embedded payouts for platforms.
- DAC7 compliance product creates switching costs in EU markets.
- RecipientOps centralizes onboarding, verification, and tax compliance.
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Funding
Total Funding
$30.7M
Below
Industry Average
Funded Over
5 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Company Equity
Paid Vacation
Remote Work Options
Gym Membership
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 0%SpareMusic LTD has partnered with Trolley to bring you faster payouts, lower fees, and a much smoother experience - so you can spend less time waiting and more time creating.
Music catalog management platform and business engine OpenPlay has announced a new collaboration with Trolley, the end-to-end payouts platform for the internet economy.
Trolley, a leading global payouts platform, today announced it has raised $23 million USD in a Series B growth equity funding round led by Wavecrest G
Trolley secures $23 million USD Series B to accelerate global payout platform expansion.
Montréal-based FinTech startup Trolley raised $32 million CAD ($23 million USD) in Series B funding to expand its global payout platform. The round was led by Boston's Wavecrest Growth Partners, with support from New York's Pace Capital. The funds will enhance Trolley's payout features, focusing on quicker, safer transactions and global expansion. The investment emphasizes Trolley's Trust product for ID and phone authentication. This round brings Trolley's total funding to approximately $42 million CAD.
Trolley is Hiring for 5 Jobs on Simplify!
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About Trolley
Industries
Enterprise Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Series B
Total Funding
$30.7M
Headquarters
Westmount, Canada
Founded
2015
Trolley is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today