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

Sweden

Founded in 2008

Phone:

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.

Similar Private Companies By Industry

Company Name Region
24 Media Network AB Europe
3p International AB Europe
46elks AB Europe
A-LIST Europe
AB Avtal24 Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
NYC2012, Inc. United States
John F. Kennedy Center For The Performing Arts United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Trustly Group AB, please visit www.trustly.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.