Swedish financial technologies firm Trustly Group AB has been recognized by the London Stock Exchange for being one of the most inspiring and fastest-growing small and medium-sized enterprises in Europe.
Stockholm-based Trustly Group AB offers a range of online banking and e-payment services and was honored on Tuesday by being included in the London bourse’s latest edition of the 1,000 Companies To Inspire report, which recognized firms that had demonstrated positive revenue growth over the previous three years while outperforming country peers.
Established in 2008 and now employing some 166 people, Trustly Group AB offers customers the ability to transfer money to and from accounts at over 3,000 banks in 29 European markets. Licensed by the Swedish Financial Supervisory Authority, it was additionally included in the inaugural FT1,000: Europe’s Fastest Growing Companies special report from the Financial Times newspaper in April.
“We are proud that our hard work is recognized and that we can be a source of inspiration,” read a statement from Oscar Berglund, Chief Executive Officer for Trustly Group AB, which also has regional offices in Spain, Malta, Germany and the United Kingdom. “Europe is home to many of the best entrepreneurs and start-ups in the world and they need nurturing so they can expand globally. We will continue develop our service so as to provide the best online banking payment method to businesses and consumers in the region.”