February 25, 2018 11:10 AM ET

Internet Software and Services

Company Overview of Trustly Group AB

Company Overview

Trustly Group AB, a payment institution, offers e-Payment products for online merchants and electronic marketplaces in Denmark, Finland, Spain, and Sweden. It offers Trustly, a tool to pay online using bank account that allows consumers to make safe bank payments on the Internet, directly on a merchant’s Web page. The company was founded in 2008 and is based in Stockholm, Sweden.

Sankt Göransgatan 63

Stockholm,  112 38


Founded in 2008


46 8 50 52 11 20

Key Executives for Trustly Group AB

Chief Executive Officer and Board Member
Co-Founder, Vice President of Business Development and Board Member
Compensation as of Fiscal Year 2017.

Trustly Group AB Key Developments

UATP Partners with Trustly to Offer Airlines Secure Online Bank Payments

UATP announced that it is partnering with the Trustly, enabling airlines to easily accept instant online bank payments for ticket purchases across Europe. The partnership between UATP and Trustly gives travellers the flexibility to purchase airfares using their preferred bank account, directly from an airline's booking platform. This new service lowers the airline's cost of distribution, eliminates fraud risk and limits chargeback risk for airlines, and ultimately simplifies airlines direct selling proposition.

Trustly Group AB Announces Management Changes

Trustly Group AB announced the appointment of Oscar Berglund as chief executive officer. Berglund will take overall responsibility for leading the company and executing its growth strategy. Berglund joined the company in 2013 as chief financial officer and was appointed Deputy CEO in 2014. His relationship with the company started in 2010 when he was elected to the Trustly Board. Berglund started his career at Goldman Sachs where he spent close to five years in the Investment Banking Division and Financing Group. Trustly’s co-founder and current CEO Carl Wilsson will move into a new role as Vice President Business Development where he will focus on strategic product development and drive implementation of complex merchant solutions. He remains a board director of the company.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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