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BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

Johan Tjarnberg, CEO of Trustly, told CNBC his firm still needs time to prove the value of its open banking tech to investors before going public.

Trustly posts 51% profit jump; CEO says IPO at least 2 years out

Johan Tjarnberg, CEO of Trustly, told CNBC his firm still needs time to prove the value of its open banking tech to investors before going public.

BlackRock-Backed Swedish Fintech Startup Keeps IPO Plans At Bay Despite 51% Jump In Profit: Here s Why

BlackRock-Backed Swedish Fintech Startup Keeps IPO Plans At Bay Despite 51% Jump In Profit: Here s Why
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Trustly CEO: IPO Is Still 1 to 2 Years Away Despite Profit Jump

Trustly CEO: IPO Is Still 1 to 2 Years Away Despite Profit Jump
biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.

Trustly still wants stock market listing, but no current timeline

Trustly still wants stock market listing, but no current timeline 05/03/2021 | 06:24am EDT Send by mail : Message : Required fields STOCKHOLM, May 3 (Reuters) - Swedish payments firm Trustly said it is still aiming for a stock market listing but there is currently no firm timeline, after it delayed IPO plans following comments by the country s financial regulator about the company s due diligence process. Trustly in April announced plans to list on the Nasdaq Stockholm exchange in a move that could have valued the company at more than $10 billion. However, less than two weeks after the announcement the Swedish Financial Supervisory Authority (SFSA) said the company

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