New Chairman and Board appointments at Trustly

12 May - 2015

New Chairman and Board appointments at Trustly

Trustly, the pan­-European fintech company providing fast, simple and safe online payment solutions, today announces the appointment of Andreas Bernström as Chairman of the Board.

Mr Bernström is the founder & CEO of Sinch, a cloud communications platform for developers, and was formerly the CEO of Rebtel, the world’s second largest mobile VoIP company. He previously worked as Chief Operating officer of TradeDoubler and before that at Goldman Sachs. Andreas also serves as an advisor to private equity house EQT Partners.

Trustly is also pleased to announce two further Board appointments, Johan Dahlfors and Magnus Gottås at Bridgepoint Capital, who have been appointed Non-executive Board Directors.

Carl Wilsson, co-founder and CEO of Trustly, said: "I am delighted to welcome Andreas to our Board of Directors. His unique digital background, leadership skills and track record advising growth companies is an enormous asset to Trustly at this stage of development. His broad and complementary sector experience means that he is ideally suited to lead the Board as Trustly continues to grow across Europe. I am also pleased to welcome Johan Dahlfors and Magnus Gottås from Bridgepoint to the Board. We are pleased to be able to leverage their market experience, industry knowledge and networks."

Andreas Bernström said: "It is an honour to join the Board of Trustly. It is a pan-European leader in its field, a Swedish success story, with big ambitions for growth and a promising pipeline. I am fortunate to be part of a company that is a technologically advanced disruptor with scalable potential and a commercially well-established business model, having recently surpassed one million transactions per month. I look forward to working with the Board of Directors and the executive team in the next chapter of Trustly's evolution."

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NOTES TO EDITORS

Johan Dahlfors

Johan is a Partner at Bridgepoint Development Capital since 2010. In addition, he serves on the boards of KGH Customs Services, Memnon Networks and Solhagagruppen.Prior to joining Bridgepoint Development Capital, he was a partner at Argan Capital, involved in a wide range of mid-market buyouts in the Nordic region and emerging Europe. Johan started his career at Dresdner Kleinwort Wasserstein in London, has an MSc in Money, Banking and Finance from the University of Birmingham and an MSc in Economics from Jönköping International Business School.

Magnus Gottås

Magnus is a Director at Bridgepoint Development Capital, with close to 10 years of private equity investment experience. In addition to Trustly, Magnus is currently on the board of Solhagagruppen. Prior to joining Bridgepoint, he worked at Nordic Capital, focusing on investments in the Nordic region, and was involved in the investment in Point International (acquired by Verifone). Magnus has a background from Goldman Sachs and holds an MSc in Finance from the Stockholm School of Economics.

About Trustly

Founded in 2008, Trustly is a pan European Fintech company providing speedy, simple and safe online payment solutions. Recognised by Fintech City London as one of the European companies destined to revolutionise the financial services sector and in 2014 the company ranked among Sweden's fastest growing technology companies on the Deloitte Technology Fast 50 list. Trustly has 70 employees, operates in 8 countries and reaches 70 million end-customers across Europe, having connected 60 banks across the continent. Trustly is a licensed Payment Institution under the supervision of the Swedish Financial Supervisory Authority.

Read more at www.trustly.com

For questions, please contact Stefan Backlund, Head of Marketing & Communication.stefan.backlund@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