Trustly, a tech-innovation company, has announced that it will be making redundancies at its head office in Stockholm in order to refocus its geographical and product strategies. The aim is to simplify operations by reducing structural complexities. The exact number of employees affected in each division cannot be revealed due to privacy reasons and ongoing discussions.
Despite these changes, Trustly emphasized that igaming will continue to be an important vertical for the company. Trustly plans to concentrate on its account-to-account (A2A) product services and seize growth opportunities in order to become a market leader in Europe by the end of 2024.
To support its European expansion plans, Trustly has appointed a new management team. Johan Tjärnberg has been named CEO, president, and group CEO, whilst Oscar Berglund, former CEO of Trustly, will now head business development. Sagar Achanta has been appointed as the new head of product. The North American team remains unchanged.
According to Tjärnberg, Trustly has outlined a new three-year growth plan that capitalizes on the increasing popularity of digital A2A transactions. Trustly believes it is well-positioned to be a global leader in this market and aims to serve its merchants even more effectively across both sides of the Atlantic.
