Swedish FinTech Trustly plans to launch an IPO by the end of next month.
In Brief:
It is reportedly expected to value the business at €9bn.
Nordic Capital currently owns 70% of the FinTech.
It's working with Goldman Sachs, JP Morgan and Carnegie to launch the IPO.
What does this mean?
Trustly, which enables users to pay via bank transfers, is expected to list in its home country of Sweden, it also has offices across the UK and mainland Europe.
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This partnership marks a significant milestone as PayPal remains one of the preferred payment options for Mollie's customers
Sumsub integrates Elliptic’s blockchain analytics to enhance crypto wallet screenings and risk assessment capabilities for clients.
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