Trustshare provides a unified API for marketplaces, enabling seamless payment processing, escrow services, and banking solutions across 220 countries. This technology allows businesses to manage complex financial transactions, reduce chargebacks, and facilitate instant payouts, addressing the challenges of trust and efficiency in cross-border trade.
Funding
$4.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Marketplaces often face challenges in managing complex financial transactions, especially across borders, leading to trust issues between buyers and sellers, increased chargebacks, and delays in payouts. Existing payment solutions can be slow, expensive, and require extensive seller verification, creating friction and hindering growth.
Solution
Trustshare provides a unified API that enables marketplaces to seamlessly manage payments, escrow services, banking, and trade finance across 220 countries. The platform facilitates fast payouts, often within 15 seconds, and supports multiple currencies, reducing disintermediation and enhancing trust. Trustshare allows marketplaces to design custom payment flows, split fees, and offer embedded escrow services to protect both buyers and sellers. By connecting to over 1,000 banks, Trustshare enables real-time account opening and supports complex transaction routing, simplifying global financial operations for marketplaces.
Target Audience
Trustshare primarily targets two-sided marketplaces that require a comprehensive and flexible payment infrastructure to manage complex financial transactions across multiple countries.
Features
- Unified API for payments, escrow, banking, and trade finance
- Support for 220+ countries and 35+ payout currencies
- Fast payouts, typically within 15 seconds
- Embedded escrow service to hold funds until goods or services are delivered
- Open banking technology with direct connections to over 1,000 UK and European banks
- Real-time account opening in EUR, USD, and GBP
- Flexible payment routing (one-to-one, one-to-many, many-to-one, many-to-many)
- Trade finance solutions offering instant credit lines up to €/$/£ 250K