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Zimpler

“Can Zimpler become the dominant Pay by Bank infrastructure layer in the Nordics and Brazil before card-network incumbents close the account-to-account conversion gap?”

HQStockholm, Sweden
IndustryFintech / Cross-border payments
The story

Zimpler launched as a Pay by Bank and open-banking-based payment service provider in Sweden, leveraging its Finansinspektionen authorisation to offer Payment Initiation Services (PIS) and Account Information Services (AIS). It expanded its product suite beyond simple deposits to include a full-stack Zimpler Go solution combining registration, KYC, login, and deposit in a single closed loop. The company internationalised by entering Brazil with a PIX-based product under a local payment institution licence. In October 2025, TrueLayer announced its acquisition of Zimpler, signalling consolidation in the European Pay by Bank space.

Last 12 months
2025-10
Product timeline
2023
Zimpler described as fastest-growing Pay by Bank network in the Nordics, offering Instant Deposits, Payouts, and Zimpler Go (combined deposit, KYC, and registration suite).· banking
2024
Expanded to Brazil with PIX-based payment flows under Zimpler Brasil Instituição de Pagamento Ltda., regulated by Banco Central do Brasil.· pivot
2025
Launched Swish by Zimpler Direct, providing Swedish merchants direct access to the Swish payment rail without a direct bank relationship.· banking
2025
TrueLayer announced agreement to acquire Zimpler, combining two of Europe's leading Pay by Bank networks into a pan-European powerhouse.· acquisition
Regulated entities
Authorised Payment Institution
Sweden (Finansinspektionen)
Zimpler AB
Payment Institution
Brazil (Banco Central do Brasil)
Zimpler Brasil Instituição de Pagamento Ltda.
The stack
Payments / PSP
Zimpler (self-operated)Swish by Zimpler Direct (self-operated)
Open banking
Zimpler (self-operated AISP/PISP)
Accounting gap: minor