TrueLayer completes acquisition of Zimpler, expanding Pay by Bank network across the Nordics
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TrueLayer, Europe’s fastest growing payments network and the leader in Pay by Bank, today confirmed it has completed the acquisition of Nordic payments provider Zimpler following regulatory approval from the Swedish Financial Supervisory Authority.
The deal significantly expands TrueLayer’s network across Nordic markets, bringing leading regional merchant integrations and millions of consumers onto its real-time Pay by Bank platform.
The acquisition follows a record start to 2026 for TrueLayer, which recently launched Pay by Bank with global merchants including Amazon, eBay and Bet365, accelerating the shift away from cards toward instant account-to-account payments.
“Zimpler brings deep Nordic expertise and trusted merchant relationships to our network. Together, we can move faster to deliver payments that are instant, secure and built for modern commerce.
Francesco Simoneschi, CEO and co-founder of TrueLayer
Zimpler will continue operating without disruption as integration begins immediately. TrueLayer plans to invest in scaling performance, expanding merchant access and accelerating adoption of real-time bank payments across the region.
Together, the companies strengthen one of Europe’s largest Pay by Bank networks, combining local market expertise with pan-European infrastructure designed for instant, secure payments at scale.
Francesco Simoneschi, CEO and co-founder of TrueLayer, said:
“Today we become one team with a shared mission: to change the way the world pays. Zimpler brings deep Nordic expertise and trusted merchant relationships to our network. Together, we can move faster to deliver payments that are instant, secure and built for modern commerce.”
Luca Martinetti, CTO and co-founder of TrueLayer, added:
“Pay by Bank adoption is accelerating across Europe. Adding Zimpler strengthens our network at exactly the right moment, extending our reach while maintaining the reliability and trust merchants depend on.”
Johan Strand, CEO of Zimpler, said:
“Today marks an exciting new chapter for our customers, partners and teams. By joining TrueLayer, we combine Zimpler’s strong Nordic presence with one of Europe’s leading Pay by Bank networks. Together, we can scale faster, invest more in innovation and deliver even better payment experiences while remaining deeply rooted in the Nordic market.”
About TrueLayer
TrueLayer, based in London and founded in 2016 by Francesco Simoneschi and Luca Martinetti, is Europe’s fastest growing payments network and the leader in Pay by Bank. We power smarter, safer, and faster online payments by combining real-time bank payments with financial and identity data. Businesses use our products to onboard new users, accept money, and make payouts in seconds, and at scale. We’re live across 22 countries, and more than 20 million users trust us to process their transactions. We’re on a mission to change the way the world pays, and we won’t stop until we’ve unlocked the full potential of payments.
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