Trustly is a Finalist for the 2014 Red Herring Top 100 Europe Award

31 Mar - 2014

Trustly is a Finalist for the 2014 Red Herring Top 100 Europe Award

Trustly Group AB announced today it has been selected as a Finalist for Red Herring's Top 100 Europe award, a prestigious list honoring the year’s most promising private technology ventures from the European business region.

"This year was rewarding, beyond all expectations" said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. Trustly shows great promise and therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Europe. We know that the 2014 crop will grow into some amazing companies that are sure to make an impact."

“We are very proud to be recognized in such a competitive context as the Red Herring Top 100 Europe. This is yet another recognition of our mobile and online payments products, the demand for which we are seeing is growing faster than ever before.” said Carl-Henrik Somp, COO of Trustly.

About Trustly Group

Trustly Group develops secure, convenient and cost effective payment services for online and mobile devices. In 2013, Trustly was ranked as one of Sweden’s ten fastest growing technology companies in Deloitte’s Sweden Technology Fast 50 list. Trustly employs 45 people and is headquartered in Stockholm. Trustly is a licensed Payment Institution under the supervision of the Swedish Financial Services Authority. Learn more about Trustly at trustly.com

About Red Herring Top 100

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Europe. The nominees are evaluated on 20 main quantitative and qualitative criterion: they include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

If you have any questions regarding this press release, please contact Carl-Henrik Somp on:

+46707742651, or

carlhenrik.somp@trustly.com

About Trustly

Trustly Group develops secure, convenient and cost effective payment services for online and mobile devices. In 2013, Trustly was ranked as one of Sweden’s ten fastest growing technology companies in Deloitte’s Sweden Technology Fast 50 list. Trustly employs 45 people and is headquartered in Stockholm. Trustly is a licensed Payment Institution under the supervision of the Swedish Financial Services Authority.

Learn more about Trustly at trustly.com

Press contact

Stefan Backlund, Head of Marketing & Communication

Stefan Backlund

Head of Marketing & Communication
Marketing, communication, all media and press.

0046-70-8628489