Trustly

Business Description

Trustly is a leading next-generation direct payment provider enabling fast, simple and secure online bank payments, present in 29 European countries with connections to more than 3,000 banks.

Founded in 2008, Trustly is headquartered in Sweden, with regional offices in Spain, Malta, Germany and the UK. The Company processes more than 4 million payments each month.

Nordic Capital’s aim is to support management in its plan to establish Trustly as the leading online bank payment provider and to accelerate Trustly’s growth agenda in current and new geographies. Nordic Capital will also support Trustly by investing in its large bank network and technology platform, in order to drive payment innovation and leverage the first mover advantage to become a global online bank payment scheme.

Key Information

Revenues 2017

EUR 50 million

Employees

200

Ownership

Nordic Capital Fund IX, controlling shareholding

Head office

Stockholm, Sweden

Investment date

2018