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Open Banking payments provider
trustly.comLast updated
In short: Trustly raised over $40m for AI growth, reported mixed results, cut jobs, and expanded globally.
Nordic Capital and Alfvén & Didrikson provided binding letters to fund capital raise concluding in November 2026 for building real-time intelligence platforms leveraging AI.
Total transaction payment value increased 12.7% to SEK 328.6 billion, and adjusted EBITDA grew 1.9% to SEK 98.0 million.
The results and related materials are available on their Investor Relations website.
Randy Kern, from Marqeta and Salesforce, and Chantelle Zemba, from Deliveroo, join to globalize the firm and drive growth. They support data-driven payments and US expansion.
Trustly has irrevocable equity letters of more than $40 million from Nordic Capital and Alfvén & Didrikson. The raise is due to conclude in November...
The fintech company lost half a billion in revenues last year. Now Trustly is making major cuts. "I know these are tough news," writes the CEO...
Trustly increased its revenues to 634 million SEK (597) while the total transaction value through the service rose to 296 billion SEK (235). The company's adjusted EBITDA result decreased...
Trustly, the global leader in Pay by Bank, today announced the appointment of Randy Kern as its new Group Chief Technology Officer (CTO) and Chantelle...
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