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TRUSTLY ACQUIRES UK OPEN BANKING VENDOR ECOSPEND


Swedish account-to-account payments platform Trustly has acquired UK open banking vendor Ecospend. The acquisition gives Trustly a foothold in the UK market and a marquee client in Her Majesty’s Revenue and Customs, for whom Ecospend has enabled open banking payments. FCA-regulated Ecospend also counts several blue-chip private sector clients such as ITV, Toolstation, Anglian Water,