Swedish payments firm Trustly launches Stockholm IPO

By Sam Kerr
12 Apr 2021

Trustly, a Swedish payments company that allows people to transfer money directly from their bank accounts to make payments, has launched an IPO on Nasdaq Stockholm.

The offering will take the form of a sale of Skr8bn ($934m) of primary shares and a secondary component sold by Cidron Maas Sàrl, an entity indirectly controlled by Nordic Capital.

Trustly was acquired by Nordic Capital in a €700m leveraged buyout in 2018. In 2020, the company ...

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