TrueLayer, Europe’s fastest-growing payments network, today announced the launch of Pay by Bank payments in Finland.

The payment method will be available through Kustom Checkout, and is powered by Stripe. Kustom is the leading checkout solution in the Nordics, serving over 24,000 online merchants.

Through this collaboration, thousands of Kustom merchants can now offer the shoppers a localised, instant bank payment option at checkout, enabled by TrueLayer’s open banking technology and Stripe’s global payments infrastructure. The rollout begins this month and will soon be available to all Kustom merchants.

Stripe, an investor in TrueLayer, first introduced Pay by Bank powered by TrueLayer to merchants in the UK, France and Germany in 2025. The launch in Finland marks the next step in the companies’ shared vision to bring seamless, secure, and low-cost bank payments to more European markets.

Finland’s high level of online banking usage makes it one of the most advanced markets for Pay by Bank adoption in Europe. Together, TrueLayer, Kustom and Stripe are delivering a highly localised payment experience that matches Finnish consumer preferences.

“Finland has one of the highest rates of online banking adoption in Europe, making it the perfect environment for Pay by Bank to thrive,” said Ulf Klavér, Finland Country manager at TrueLayer. “Working with Stripe and Kustom, we’re enabling thousands of merchants to offer a faster, safer way to pay - one that’s built for local consumers but powered by a pan-European network.”

Kustom merchants will be able to offer an additional, locally preferred way to pay, giving shoppers more choice at checkout and better reflecting how consumers in Finland already make purchases online. Customers, in turn, get a seamless checkout experience where they can pay directly from their bank account in seconds - no card details or manual data entry required.

“With Pay by Bank now available to 100 percent of the Finnish population, businesses can offer a truly universal payment experience,” says Mikko Karjanlahti, Country Manager for Finland at Kustom.

“We know how important it is for merchants to offer payment methods that local shoppers know and trust to drive conversion. Having the right payment options in place can determine whether a customer completes the purchase. With more local payment options available, it is easier for merchants to provide a relevant shopping experience regardless of market.”

About TrueLayer

TrueLayer, based in London and founded in 2016 by Francesco Simoneschi and Luca Martinetti, is Europe’s fastest growing payments network. 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. Though we’re not stopping here. 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.

About Kustom

Kustom is a fintech company offering the leading checkout solution in the Nordics. With efficient and customizable products, we help merchants tailor their checkout to fit their shoppers’ needs. By gathering innovative and scalable features, Kustom ensures high conversion rates and drives repeat purchases. Today, Kustom serves over 24,000 merchants with sales in more than 170 countries.