Trilo logo

Trilo

Trilo is a technology company.

Active
Website LinkedIn X GitHub Product Hunt
Updated: ·

About

Trilo operates a direct-to-bank payment platform designed to eliminate traditional transaction fees for businesses. The system facilitates instantaneous transfers from customer bank accounts directly to merchant accounts, often initiated through QR codes or payment links. This approach leverages open banking protocols to streamline the payment process, providing a cost-effective alternative to conventional card processing while integrating loyalty functionalities for enhanced customer engagement.

The company was founded in London in 2016 by Hamish Blythe. Blythe conceived Trilo from the insight that existing payment infrastructure disproportionately burdens merchants with high fees, thereby squeezing profit margins. His vision was to create a more efficient and equitable payment solution that could benefit both businesses and consumers by leveraging direct bank payments.

Trilo primarily serves small to medium-sized businesses across sectors such as retail, hospitality, and services, offering solutions for point-of-sale and online transactions. The platform aims to foster a fairer financial ecosystem where merchants retain more of their revenue, customers enjoy seamless payment experiences, and loyalty is intrinsically linked to the payment method. Trilo envisions a future where businesses can thrive without the impediment of prohibitive payment processing costs.

Financial History

Trilo has raised $1.0M across 1 funding round.

Total Raised
$1.0M
Valuation
N/A

Frequently Asked Questions

How much funding has Trilo raised?

Trilo has raised $1.0M in total across 1 funding round.