“Can a global mass-payouts API also own recipient onboarding, tax, and compliance operations for the internet economy?”
Founded 2015 in Toronto as Payment Rails, an API-first global mass-payouts platform competing with Hyperwallet, Tipalti, and Payoneer. Rebranded to Trolley in December 2021 to emphasize its expansion beyond pure payment rails into recipient operations — KYC/KYB (Trust), tax compliance (1099/1042/DAC7), and ERP sync. Raised a $23M Series B in late 2024 to double down on payouts + compliance for creator economy, marketplaces, royalties, and B2B AP. In 2025 shifted its US bank partnership to Cross River Bank, adding FDIC-insured balances and push-to-card debit rails.
Trolley discloses Cross River and mangopay as its banking providers, with Cross River Bank as its sponsor bank, according to the Embedded Finance Index 2026.
Trolley does not disclose a bank charter of its own; its banking services are provided through Cross River Bank.
Trolley processes payments through Stripe. Disclosed money-movement rails: Push-to-card.
Trolley's cards run on Visa and Mastercard.
Trolley uses Trolley (in-house payout network), Airwallex and payoneer for FX and cross-border payouts.
Trolley integrates with QuickBooks Online, Xero, Oracle NetSuite, Microsoft Dynamics 365, Zapier, AWS S3, Amazon Redshift and Snowflake.
The Embedded Finance Index 2026 maps 8 layers in Trolley's stack: Payments / PSP (Stripe); Money movement (Push-to-card); Banking / BaaS (Cross River and mangopay); Card network (Visa and Mastercard); Sponsor bank (Cross River Bank); FX & payouts (Trolley (in-house payout network), Airwallex and payoneer); Accounting (QuickBooks Online, Xero, Oracle NetSuite, Microsoft Dynamics 365 and 4 others); Spend / AP (BILL, tipalti and trolley).
Trolley was founded by Tim Nixon and is founded in 2015, headquartered in Toronto, Ontario, Canada.
Get a read on where your own stack stands against Trolley and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.