Trustly appoints Jonas Palmquist as Chief Financial Officer

03 Sep - 2015

Trustly appoints Jonas Palmquist as Chief Financial Officer

Trustly, the pan-European FinTech company, today announces the appointment of Jonas Palmquist as Chief Financial Officer. Jonas will be responsible for taking the group’s financial and operational steering to the next level, supporting the company’s continued fast growth.

Jonas joins from Scope Capital, a private equity firm based in Stockholm, where he was a partner. During his 13 years at Scope, Jonas worked on numerous growth equity investments in Nordic companies; taking an active role driving corporate development to build successful companies and creating value through rapid international growth. Jonas has in-depth experience from investments in financial services, software, financial services technology, and healthcare services. Prior to joining Scope, Jonas was a Management Consultant with McKinsey & Company for two years, working on European engagements mainly within financial services. Jonas holds a MSc in Business and Economics and a MSc in Engineering Physics from the Stockholm School of Economics and from the Royal Institute of Technology respectively. He is a CFA Charter holder.

Trustly’s CEO Carl Wilsson commented on the appointment, “Jonas’ experience with developing growth companies through international expansion will bring valuable insight to Trustly as we continue growing our services across new geographies. He joins with in depth knowledge of the market and we are delighted to welcome him to the Trustly management team.”

Jonas Palmquist said: “Trustly is part of an exciting change in consumer payments online. I look forward to working with the rest of the team to provide our services to merchants and consumers across Europe and to make a significant contribution as Trustly enters the next phase of its development.”

Media enquiries:

Christina Clark +44 (0) 20 7074 1864

Daniel Holgersson +44 (0) 20 7074 1840

Trustly Group develops secure, simple and cost efficient online banking e-payments solutions on the internet and mobile devices. Trustly’s solutions attract global customers in three segments: online marketplaces, e-commerce and online gaming. Trustly was in 2014 ranked as one of Sweden's fastest growing technology companies on the Deloitte Sweden Technology Fast 50 list. Trustly has approximately 70 employees and is headquartered in Stockholm, Sweden. 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

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Stefan Backlund, Head of Marketing & Communication

Stefan Backlund

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

0046-70-8628489