Trolley is an end-to-end payouts platform that automates global payments and compliance workflows for businesses, enabling them to efficiently pay freelancers, artists, and on-demand workers in over 210 countries. The platform streamlines recipient onboarding, tax compliance, and payment processing, significantly reducing administrative burdens and ensuring adherence to local regulations.
Funding
$32.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
WGFounders
Product
Problem
Businesses face significant challenges in efficiently managing global payments to freelancers, artists, and on-demand workers, while also ensuring compliance with varying local regulations. Manual processes for recipient onboarding, tax compliance, and payment processing can be time-consuming and prone to errors.
Solution
Trolley offers an end-to-end payouts platform designed to automate global payments and compliance workflows, enabling businesses to pay recipients in over 210 countries. The platform streamlines the entire payout process, from recipient onboarding and identity verification to payment execution and tax compliance. By integrating with existing ERP systems, Trolley automates data flow, reduces manual reconciliation, and prevents duplication errors. The platform also offers flexible payout options, including local and international bank transfers, e-wallets, and more, to cater to recipient preferences.
Target Audience
Trolley primarily serves finance, accounts payable, risk, compliance, operations, and support teams within businesses that need to make frequent, cross-border payments to freelancers, artists, and on-demand workers. Industries served include music and streaming, freelance marketplaces, influencer marketing, and ad networks.
Features
- Automated recipient onboarding with digital identity verification and KYC compliance
- Global payment network supporting payouts to 210+ countries and territories
- Flexible payout methods, including local bank transfers, EFTs, and digital wallets
- IRS and DAC7 tax compliance automation, including digital form collection and withholding calculations
- Real-time payment tracking and automated handling of returned payments
- API, SDK, and widget for embedding payouts and compliance directly into existing platforms
- Integrations with ERP systems and accounting software for streamlined data synchronization
- Risk and fraud management tools, including global watchlists and risk scoring