Startup Fundraising•

Swedish fintech Trustly receives $40M equity commitment from key shareholders

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Alvaro de la Maza

Partner at Aninver

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Key Takeaways

  • Trustly raised $40.0M from Nordic Capital, Alfvén & Didrikson.
  • Sector: Financial Services & Fintech.

Analysis

  • Trustly has secured a $40 million equity commitment from two key shareholders, Nordic Capital and Alfvén & Didrikson.
  • The funding is intended to support Trustly's growth strategy and the development of new AI-leveraging products.
  • This investment comes shortly after Trustly announced significant job cuts, indicating a period of restructuring.
  • The capital raise is expected to be finalized in November 2026.
  • Trustly utilizes open banking technology as an alternative payment method to traditional card networks.