About Trolley

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.

<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. </problem> <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. </solution> <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 </features> <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. </target_audience>

What does Trolley do?

Where is Trolley located?

Trolley is based in Toronto, Canada.

When was Trolley founded?

Trolley was founded in 2015.

How much funding has Trolley raised?

Trolley has raised 32460000.

Location

Toronto, Canada

Founded

2015

Funding

32460000

Employees

106 employees

Major Investors

Wavecrest Growth Partners

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Trolley

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Executive Summary

trolley.com 5K+

Crunchbase

Founded 2015 – Toronto, Canada

Funding

Estimated Funding

$20M+

Major Investors

Wavecrest Growth Partners

Team (100+)

No team information available.

Company Description

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.

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

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.