Trustly is reportedly testing the waters for an IPO, says the Financial Times.
In Brief:
The paper has reported thatTrustly plans to meet investors this week to discuss an IPO.
A plan and valuation could be decided before Easter.
Trustly enables consumers to pay online directly from their bank accounts.
What does this mean?
According to the FT, Trustly was banking on a valuation of around $8-11bn if it were to IPO, but having seen the recent valuations of other FinTechs this could change.
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