As part of the Hogan Lovells FinTech Fundamentals webinar series, on 22 March 2023 Financial Services Regulatory senior associate Jen Staniforth hosted a thought provoking panel.
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Trustly’s parent company, Nordic Capital, is working with Goldman Sachs, JPMorgan Chase, and Carnegie on the IPO. Besides, it is reportedly in the process of hiring more banks to launch the IPO in late April or early May.
Sweden’s payments company Trustly is reportedly planning to conduct an Initial Public Offering (IPO) in the second quarter of 2021. According to those familiar with the matter, the IPO could value the company at €9 billion (about $11 billion). It will probably take place in Stockholm.
According to Reuters, Trustly’s parent company, Nordic Capital, is working with Goldman Sachs (NYSE: GS), JPMorgan Chase (NYSE: JPM), and Carnegie on the IPO. Besides, it is reportedly in the process of hiring more banks to launch the IPO in late April or early May. Nordic Capital and the banks declined to comment on the news.