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​For the 4th year, Trustly is recognized as a DI Gasell for its fast and healthy growth

Press release   •   Dec 06, 2018 08:00 UTC

Stockholm, December 4, 2018 – Trustly, the European payments company, has been recognized as a DI Gasell for the fourth year in a row.

The DI Gasell award was established in 2000 by the financial daily newspaper Dagens Industri to recognize Sweden’s fastest-growing companies. To become a Gasell, the company needs to deliver on a number of decisive criteria such as organic growth, rapid increase in turnover and overall it needs to demonstrate profitable and sound finances.

Oscar Berglund, CEO of Trustly, said: “To have become a DI Gasell for the fourth time is an acknowledgment of the hard work done by the entire Trustly team. It is proof of the growing value that our payment solutions have for online merchants and the appeal our products have to European consumers when they pay online.“

To become a DI Gasell the company must have:

  • A turnover surpassing 10 MSEK
  • A minimum of 10 staff members
  • At least doubled its turnover, when comparing the first and the past fiscal year
  • Increased its turnover each year for the past three years
  • A positive operating profit during the past four fiscal years
  • Grown organically, rather than by acquisitions or fusions
  • Healthy finances

About Trustly

Founded in 2008, Trustly Group AB is a Swedish FinTech company that makes online banking e-payments fast, simple and secure. The company offers cross-border payments to and from consumer bank accounts at over 3,000 banks in 29 European markets and connects businesses and consumers within e-commerce, travel, gaming and financial services. In 2017 and 2018, the Financial Times ranked Trustly as one of the fastest growing companies in Europe on the FT1000 list and the London Stock Exchange recognized Trustly as one of Europe’s most inspiring, fast-growing companies.

Trustly has 250 employees and is headquartered in Stockholm, Sweden, with regional offices in Finland, Spain, Malta, Germany and the UK. Trustly is a licensed Payment Institution under the supervision of the Swedish Financial Supervisory Authority, with a license to provide payment services within the EU/EEA since 2010 which subsequently was reauthorized under 2018 under PSD2. Trustly is a licensed Payment Institution in accordance with the second payment services directive (PSD2) and is entitled to provide among others payment initiation services. Trustly is under the supervision of the Swedish Financial Supervisory Authority.