# Trustap

> Trustap is an Irish fintech that provides escrow-style, milestone-based payment infrastructure for online marketplaces, ecommerce platforms and individuals. Acting as the merchant of record, it holds a buyer's funds until goods or services are confirmed as delivered, then releases them to the seller - reducing fraud, chargebacks and disputes for high-value and peer-to-peer transactions. Founded in Cork in 2017 by Conor Lyden after he was scammed buying football tickets, the company now works with 250+ partners across roughly 27 countries and is building Trustap Index, a product that makes marketplace listings machine-readable and transactable by AI shopping agents.

- **Founded:** 2017
- **Headquarters:** Cork, Ireland
- **Founders:** Conor Lyden (Founder & CEO)
- **Team size:** ~51 employees
- **Products:** Trustap Transaction Platform, Trustap for Marketplaces / API, Trustap for Individuals (P2P), Trustap Index
- **Notable:** Grew from a UCC IGNITE incubator project to a fintech operating in roughly 27 countries, Signed 250+ marketplace and platform partners, Raised over $20M in total funding across seed, Series A and a 2026 growth round

## Products & services

- **Trustap Transaction Platform** — Escrow-style, milestone-based transaction service where Trustap acts as merchant of record - holding the buyer's funds until delivery is confirmed, then releasing them to the seller. Includes buyer protection, seller verification, KYC/AML, payments, logistics coordination and dispute resolution.
- **Trustap for Marketplaces / API** — Embeddable transaction infrastructure that lets marketplaces and ecommerce platforms run end-to-end payments and protection via API integration, offloading payments, compliance and customer support.
- **Trustap for Individuals (P2P)** — A personal escrow account for one-off peer-to-peer deals - tickets, vehicles, electronics, luxury and second-hand goods - protecting both sides in transactions with strangers online or in person.
- **Trustap Index** — A product that transforms fragmented marketplace inventory into consolidated, machine-readable listings so AI shopping agents can discover, compare and transact - with every purchase still requiring human confirmation before funds are released. Scheduled to launch later in 2026.

## Achievements

- Grew from a UCC IGNITE incubator project to a fintech operating in roughly 27 countries
- Signed 250+ marketplace and platform partners
- Raised over $20M in total funding across seed, Series A and a 2026 growth round
- Named among Business & Finance's 'Ones to Watch'
- Positioned as an early mover in trust infrastructure for agentic AI commerce with Trustap Index

## Latest updates

- **2026-06** — Raised $10M led by Aperture Capital (with TX Ventures and existing investors) to fund headcount growth and the launch of Trustap Index for AI-driven shopping.
- **2026** — Announced Trustap Index, making marketplace listings machine-readable and transactable by AI shopping agents, with human confirmation required before funds release. Launch scheduled later in 2026.
- **2024-07** — Closed a $5.5M Series A led by TX Ventures, bringing total funding above $9M and expanding to 250+ partners across ~27 countries.

## Links

- Website: https://trustap.com
- LinkedIn: https://www.linkedin.com/company/trustap
- Twitter/X: https://twitter.com/trustappayments
- YouTube: https://www.youtube.com/@trustap
- Instagram: https://www.instagram.com/trustappayments/
- Facebook: https://facebook.com/TrustapPayments/

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Profile page: https://yespress.io/trustap
Published by YesPress — https://yespress.io
Last updated: 2026-07-17