Payment technology company Trustly has signed irrevocable and legally binding commitment letters regarding a capital injection of more than 40 million dollars from its principal shareholder Nordic Capital and from Alfvén & Didrikson. This is stated in a press release.
The capital raise will finance the next step in Trustly’s growth strategy by accelerating the development of new products. The aim is to leverage AI to turn payments into insights that help companies win new customers, retain them longer and stay ahead of risks.
The capital raise is expected to close in November. Nordic Capital has supported Trustly since 2018, while Alfvén & Didrikson has been involved for 15 years.
– Trustly is the payments network behind more than 50 million consumers and transactions worth over 120 billion dollars annually, comments CEO Johan Tjärnberg.
