“Can one open-banking API layer become the default A2A payments and payroll rail for ERPs and platforms across the Nordics?”
ZTL is a Norwegian B2B PayTech founded in 2018 by senior bankers from DNB, SEB, Citibank, JP Morgan, and Swedbank. It operates as a PSD2 payment institution licensed by the Norwegian FSA, offering modular APIs that let ERPs and platforms embed account-to-account payments, payroll, FX, and account information services across Norway, Sweden, and Denmark via open banking rails. Positioned as a bank-independent payment layer rather than a bank itself — one integration gives platform partners access to all domestic banks in the Nordics.
ZTL processes payments through ZTL Payment Solution (self-operated).
ZTL uses Hawk AI for KYC and identity verification.
ZTL connects to bank accounts through ZTL (self-operated).
ZTL uses ZTL FX (self-operated) for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 4 layers in ZTL's stack: Payments / PSP (ZTL Payment Solution (self-operated)); Open banking (ZTL (self-operated)); KYC (Hawk AI); FX & payouts (ZTL FX (self-operated)).
ZTL was founded by Andreas Bjerke and Stein Gulbrandsen and is founded in 2018, headquartered in Oslo, Norway.
Get a read on where your own stack stands against ZTL 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.