Trustly AB (publ) receives signed equity commitment letters of more than USD 40m from Nordic Capital and Alfvén & Didrikson to accelerate its AI-powered growth strategy

Stockholm, October 2 2026

Trustly Holding AB announces that its parent company, Trustly AB (publ) ("Trustly" or "the Company"), has received irrevocable and legally binding equity commitment letters of more than USD 40m from Nordic Capital (its principal shareholder), and Alfvén & Didrikson, to fund a capital raise in Trustly.

The capital raise will fund the next stage of Trustly's growth strategy by accelerating the build of new products that will leverage AI to turn payments into intelligence that helps businesses win new customers, keep them longer and stay ahead of risk.

Trustly is building on its leading open banking payments network across the US, Canada and Europe to create a real-time intelligence platform, so that each interaction becomes smarter than the last.

The signed commitment letters from Nordic Capital and Alfvén & Didrikson are a strong endorsement of this strategy and reflect their continued support for the business and Trustly's ambition to lead the next era of open banking.

The capital raise is expected to conclude in November 2026. Trustly's other existing shareholders will be offered the opportunity to participate in the capital raise, and the final amount will be announced upon completion.

Johan Tjärnberg, Group CEO of Trustly said: 'Trustly is the payments network behind more than 50 million consumers and over $120bn in transactions a year. This puts Trustly in a strong position to take a leading role in shaping the new era of financial services by bringing together payment and data services and using AI to embed real-time financial intelligence. This commitment from Nordic Capital and Alfvén & Didrikson is a vote of confidence in Trustly and where we're headed.'

Fredrik Näslund, Partner and Head of Technology & Payments, Nordic Capital Advisors said: 'Nordic Capital has backed Trustly since 2018, supporting its development of the largest open banking payments networks in Europe and North America. This commitment reflects a strong confidence in the business and its strategy '.

Hjalmar Didrikson, Co-Founder of Alfvén & Didrikson said: 'Fifteen years on from first backing Trustly, we remain as excited as ever about its future and committed to supporting its continued growth. We look forward to building on this longstanding partnership and supporting the team as it pursues the numerous opportunities ahead.'

Contacts
Media:
Niamh Fogarty (Hanbury Strategy)
[email protected]
+44 (0)7946 813843

Investor:
[email protected]

About Us
Trustly is a global leader in Pay by Bank solutions, enabling fast, secure, real-time transactions through its Open Banking platform. Partnering with major brands such as PayPal, Virgin Media O2, Booking.com Trustly connects over 9,000 merchants to 650+ million consumers via 12,000 banks across 30+ markets. Founded in 2008, the company processed over $100 billion in payments in 2025 and continues to redefine how the world pays. Trustly operates under the supervision of the Swedish Financial Supervisory Authority, the UK's FCA, the ACPR in France and U.S. state regulators. For more information, you can visit our website at www.trustly.com.

All financial reports are published on https://www.trustly.com/investors

This information is information that Trustly is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-10-02 13:13 CEST.